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UK: Bank of England cuts interest rate to 4.5 pctStoryline: The British central bank announced on Thursday that it would cut the interest rate from 4.75 percent to 4.5 percent, citing concerns about stagnant growth. The decision was made by the ...
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The Pound Sterling fell during Thursday’s North American session, down 0.79% after the Bank of England (BoE) reduced the Bank Rate by 25 basis points. Therefore, the GBP/USD tumbled below 1.2400 and ...
The Bank of England put a dovish twist to an expected rate cut, sending the British pound and bond yields lower. The central ...
But it is not just about interest rates. It’s a BoE Super Thursday, so the central bank will also release the meeting Minutes ...
The Bank of England put a dovish twist to an expected rate cut, sending the British pound and bond yields lower. The central bank, as expected, cut interest rates by a quarter-point, its third ...
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