Bank of England (BoE) news

The Bank of England (BoE) is the central bank of the United Kingdom. Its primary objective is to maintain price stability, targeting a 2% inflation rate. The BoE uses interest rate adjustments and quantitative easing to influence the economy and achieve its inflation target. It also plays a key role in ensuring financial stability in the UK.

BoE poised to lower rates, Pound steady
The BoE is widely expected to lower rates today by a quarter-point to 4.0%. This would be the first rate cut since February. The BoE is caught between a deteriorating economy and rising inflation and that could be reflected in a split MPC vote.
by Kenneth Fisher
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