Bank of England Cuts Interest Rate By 25 Basis Points
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The post Bank of England Cuts Interest Rate By 25 Basis Points appeared first on Coinpedia Fintech News The Bank of England has decided to cut interest rates by 25 basis points moving it from 5.25% previously to now at 5.0%. This is the first time in four years, since the onset of the COVID-19 pandemic in 2020, that the Bank of England has chosen to pivot from its monetary tightening policy amid …
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