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Evening Standard
Evening Standard
Business
Anna Wise

Bank of England ready to cut interest rates as jobs market slows, experts say

Bank of England MPC Interest Rates Matt Swannell Monetary Policy Economy
Borrowing costs are set to ease further with the Bank of England poised to cut interest rates for the fifth time in a year (John Walton/PA) - (PA Wire)

Borrowing costs are set to ease further with the Bank of England poised to cut interest rates for the fifth time in a year, experts think.

The Bank’s Monetary Policy Committee (MPC) is widely expected to reduce the base rate by 0.25 percentage points to 4% on Thursday.

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