Bank of England Likely to Cut Rates Amid Inflation and Economic Uncertainty
TL;DR Summary
The Bank of England is expected to cut interest rates by 25 basis points to 4% despite rising inflation, as the UK economy faces growth concerns, high taxes, and job losses, with policymakers focusing on supporting growth amid inflationary pressures.
- BOE Is Probably About to Cut Rates Despite a Spike in Inflation Yahoo Finance
- BOE Expected to Lower Its Key Rate Thursday and Signal More of the Same The Wall Street Journal
- Bank of England Rate Cuts Deliver £11 Billion Hit to Households Bloomberg.com
- Bank of England forecast to cut interest rates amid rising unemployment and Trump tariffs The Guardian
- Split Bank of England will struggle to give clear outlook on interest rates, say economists Financial Times
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