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BOE Set to Hold Rates at 4% as Budget Looms
Summary by Irish Independent
7 Articles
7 Articles
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BizToc
Charting the Global Economy: Bank of England Holds Line on Rates
(Bloomberg) — Bank of England officials held interest rates steady this week in a narrow vote while keeping the door open to a December cut that will hinge on inflation and employment data as well as the government’s autumn budget.
·Canada
Read Full ArticlePound Sterling Price News and Forecast: GBP/USD– BoE decision sets the stage for a December rate cut
The Bank of England left rates on hold this month at 4.0%, but the tone of the meeting was unmistakably dovish. The 5–4 vote split underscores just how divided the Monetary Policy Committee is—and how much now depends on Governor Andrew Bailey’s stance heading into December.
Coverage Details
Total News Sources7
Leaning Left1Leaning Right3Center0Last UpdatedBias Distribution75% Right
Bias Distribution
- 75% of the sources lean Right
75% Right
L 25%
R 75%
Factuality
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