news paper icon

Analyzed News

Bank of England Cuts Interest Rates for First Time Since 2020

Central bank policymakers lowered rates to 5 percent amid lower inflation in Britain, but they warned that future rate cuts would come slowly. [Source]

Publication Date:

Origin: nytimes.com

Category: Bank of England

Topics: slowly, would, future, warned, Britain, inflation, lower, percent, rates, lowered, policymakers, Central, Since, First, Rates, Interest, England

Source: https://www.nytimes.com/2024/08/01/business/bank-of-england-interest-rates.html

Related Articles