Bank of England cuts rates but sees higher inflation after Reeves' budget
LONDON, Nov 7 (Reuters) - The Bank of England cut interest rates on Thursday for only the second time since 2020 and said future reductions were likely to be gradual, seeing higher inflation and growth after the new government's first budget.
The Bank of England's Monetary Policy Committee has posted a 90-page report outlining its musings on the future for inflation ...
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LONDON — The Bank of England is widely expected to cut interest rates Thursday, when policymakers deliver their first monetary policy decision following Labour's bumper budget announcement last week.
The Bank of England cut interest rates on Thursday for only the second time since 2020 and said future reductions were likely ...
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