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  • The Independent

    Interest rates held at 5.25% but Bank of England ‘optimistic’ about cuts

    by Anna Wise May 09, 2024 2 minutes
    Source: PA Archive

    The Bank of England has decided to keep UK interest rates unchanged, but gave a new sense of optimism that borrowing costs could soon be cut if inflation is reined in.

    While the central bank voted to hold rates at 5.25%, governor said he is

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