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Published 16:09 IST, November 5th 2024

UK fiscal splurge limits BoE’s rate-cutting space

The Bank of England will cut its benchmark rate from 5% to 4.75% on Nov. 7, according to all the 72 economists polled by Reuters.

Reported by: Francesco Guerrera
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Bank of England Governor Andrew Bailey
Bank of England Governor Andrew Bailey | Image: Reuters Breakingviews
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16:09 IST, November 5th 2024