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UK interest rates fall again! Here's why the Barclays share price could struggle
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UK interest rates fall again! Here's why the Barclays share price could struggle
At the Bank of England meeting today (18 December), the committee decided to cut the base rate by 0.25% to 3.75%. It’s the sixth cut since the last general election, marking the fastest pace of cuts in 17 years. Even though some will be cheering this on, I think it could spell bad news for the Barclays (LSE:BARC) share price. Here’s why. A trend lower Barclays is a large global bank with a finger in many pies. Yet at its core, it makes most of i…
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