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Bank Of England Cuts Rate But Highlights Inflation Risks
Business comments on the decision of the Monetary Policy Committee of the Bank of England to reduce interest rates to 4.5%, Anna Leach, Chief Economist of the Institute of Directors, said: “All members of the MPC voted for rates to be cut today, with the only difference of opinion being how much to cut by: 7 voted for a 25bp cut, with 2 voting for 50bp cut.
Image by Pete Linforth from Pixabay
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