First UK interest rate cut in seven years expected

The Bank of England is widely expected to cut UK interest rates for the first time since March 2009 on Thursday ,reports BBC.

It is anticipated that Mark Carney, the Bank governor, will announce a reduction from 0.5% to 0.25% at noon.Last month the Monetary Policy Committee (MPC) voted to hold...

 

thebangladeshtoday.com/2016/08/first-uk-interest-rate-cut...

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