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World

The Bank of England is edging closer to an interest rate cut

22 March 2024

12:14 AM

22 March 2024

12:14 AM

The Bank of England has voted to keep rates at 5.25 per cent – but there are signs that a rate cut may not be far off. The Monetary Policy Committee (MPC) voted 8-1 to hold the base rate. Yet there was a dovish shift in direction compared to the last meeting.

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