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Why Bank of England is in no rush to lower interest rates - even though some think waiting is dangerous

Sky News Thursday, 19 September 2024
Why Bank of England is in no rush to lower interest rates - even though some think waiting is dangerousSlowly does it.
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Bank of England cuts interest rates to 4.5% [Video]

Bank of England cuts interest rates to 4.5%

The Bank of England has cut interest rates to 4.5%, down from 4.75%. That means the interest rate is at its lowest level since June 2023, meaning the cost of borrowing has fallen to its lowest point in more than 18 months. Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:46Published