Bank of England reduces interest rates to 3.75% amid cautious outlook
TL;DR Summary
The Bank of England has cut interest rates to 3.75%, citing concerns about a sluggish economy and inflation nearing target, but remains cautious about future cuts, emphasizing the need for renewed confidence among consumers and businesses.
- Bank of England cuts interest rates to 3.75% - live updates BBC
- Bank of England lowers rates after tight vote but signals caution about further cuts Reuters
- Bank of England cuts interest rates to 3.75% The Guardian
- BoE cuts rates by quarter point to 3.75% Financial Times
- Bank of England Expects Weaker Inflation as Rates Cut to 3.75% Bloomberg.com
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