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Bank of England halves growth forecast and cuts rates to 4.5%

FT.com Thursday, 6 February 2025
Revised economic forecasts are blow to Labour but buoy stock market and gilts
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Bank of England cuts interest rates to 4.5% [Video]

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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..

Credit: ODN     Duration: 00:46Published