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Bank of England cuts interest rates for the first time in more than four years
Bitget2024/08/01 20:04
The Bank of England announced its first interest rate cut in more than four years on Thursday, lowering its benchmark rate to 5 per cent. Policymakers eventually voted 5-4 in favour of the rate cut. The Bank of England will hold its next meeting on 19 September to discuss policy measures, and will hold two more meetings in November and December this year.
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