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Bank of England predicted to not cut interest rate until 2026
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Bank of England predicted to not cut interest rate until 2026
Interest rate cuts are unlikely to take place this year, according to some of the most dovish forecasters, with City analysts split on where they will settle given the UK’s battle against high inflation and low growth. The Bank of England is set to hold its next monetary policy committee (MPC) meeting next week, a day after inflation data for the month of August is published by the Office for National Statistics (ONS). Markets and economists w…
·London, United Kingdom
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