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The Independent UK
The Independent UK
Business
Karl Matchett

Interest rates are set to go down in the UK next month - here’s why

Interest Rates Bank of England United Kingdom Inflation Donald Trump International Monetary Fund Reeves MPC The Bank of England

The Bank of England (BoE) is widely expected to cut interest rates for the fourth time since August when its Monetary Policy Committee (MPC) meets next month.

A 25 point cut to the base rate would leave it at 4.25 per cent, the lowest level since early May 2023.

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