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Bank of England cuts interest rates by 25 basis points

Bank of England cuts interest rates by 25 basis points

CointimeCointime2025/02/06 12:55
By:Cointime

the Bank of England has cut interest rates by 25 basis points, lowering the benchmark interest rate from 4.75% to 4.5%, in line with market expectations and marking the third interest rate cut in this cycle of cuts.

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