August 6, 2025

Bank of England cuts interest rates as Federal Reserve remains uncertain

1 min read

The Bank of England (BoE) just slashed its interest rates for the first time in over four years, cutting the key rate to 5%. This decision, made by a narrow 5-4 vote, ends the 16-year high of 5.25% that’s been in place since August 2023. The whole lead-up to this decision was filled with uncertainty,

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