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Bank of England readies new rate cut as budget hangs over outlook - Blue Water Healthy Living

Summary by Blue Water Healthy Living
By Andy Bruce LONDON (Reuters) – The Bank of England is likely to cut interest rates on Thursday for only the second time since 2020 but the big question for investors is whether the BoE sends a signal about its subsequent moves after the government’s inflation-raising budget. The BoE has had almost a week to chew over new finance minister Rachel Reeves’ first set of tax and spending plans, which Britain’s official budget forecaster thinks w…
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