Best Savings Accounts of the Week: Britons Told to Grab 7.5% Interest Rates Before Bank of England Decision

Ultimo Cable - Noticias del Mundo

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LONDON.— It is widely expected that the Bank of England will cut its key interest rate from 4.25% to 4% this Thursday, and reduce it once again by the end of the year, despite consumer price inflation rising in June close to twice the central bank’s target of 2%. However, those responsible for monetary policy are divided on how much the underlying pressures on prices are decreasing and on whether a decelerating labour market and staggering growt…

larepublica.co

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It is widely expected that the Monetary Policy Committee will reduce its reference rate by 25 basis points, to 4%