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The Bank of England cut rates but raised growth forecasts. What this means for U.K. assets.

Summary by MarketWatch
When the Bank of England on Thursday trimmed interest rates for the first time in more than four years, it was doing something unusual: easing monetary policy while also raising its growth forecasts for the U.K. economy.

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MarketWatch broke the news in United States on Friday, August 2, 2024.
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