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Base rate cut expected, with more to come - BuyAssociation Group
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Base rate cut expected, with more to come - BuyAssociation Group
The Bank of England is widely expected to vote to cut the base rate by 0.25% to 3.75% when its Monetary Policy Committee meets on Thursday. Expectations have shifted over the past fortnight following a run of weaker UK economic data, including a contraction in GDP and signs of a softening labour market, and traders are now pricing in not just one cut but also another early in 2026. GDP Contracting UK gross domestic product fell by 0.1% in Octobe…
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