Bank of England cuts its main interest rate to 4%, the lowest level since March 2023
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Euronews.com
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The Bank of England cut its main interest rate to 4% to support the sluggish UK economy, marking the fifth cut since August. The decision, anticipated by markets, reflects concerns over rising taxes and the impact of global trade tensions. Despite a rise in consumer prices, the bank expects inflation to stabilize. Policymakers face challenges from potential tax increases and rising unemployment, with the UK economy showing slight growth. Teljes cikk (Euronews.com)