Home Business news City analysts overwhelmingly predict Bank of England interest rate cut

City analysts overwhelmingly predict Bank of England interest rate cut

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Rare agreement among forecasters gives 96% chance of today’s MPC meeting cutting borrowing costs to 4.75%

The Bank of England policymakers are widely expected to cut borrowing costs for businesses and homeowners by reducing official interest rates from 5% to 4.75% when they meet later today.

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Continue reading…Rare agreement among forecasters gives 96% chance of today’s MPC meeting cutting borrowing costs to 4.75% The Bank of England policymakers are widely expected to cut borrowing costs for businesses and homeowners by reducing official interest rates from 5% to 4.75% when they meet later today.. Continue reading…