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  • 2024-08-06
  • by - Golam Rabbani Mithu

Bank of England cuts rate for first time since pandemic

The Bank of England on Thursday cut its main interest rate for the first time since the Covid pandemic broke out in 2020, as British inflation has retreated in recent months. In a tight 5-4 vote, BoE policymakers agreed to reduce borrowing costs by a quarter-point to 5.0

  • 2024-08-02
  • by - Admin

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