The Bank of England is set to cut interest rates for the second time in three months as inflation has fallen to its lowest level in more than three years.
Looking to save on items for your home, road trip and wardrobe? We've got the latest Insider Deals to share!FILE -A woman with an umbrella stands in front of the Bank of England, at the financial district in London, , Nov. 3, 2022. – The Bank of England is set to cut interest rates later Thursday for the second time in three months, as inflation has fallen to its lowest level in more than three years.
“The budget won’t change the bank’s decision to cut rates again .... but it does question our long-held view that rate cuts will speed up from now on," said James Smith, an economist at ING.
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