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Bank of England may cut interest rates by 0.25% amid tariff tensions

IndiaTimes Thursday, 8 May 2025 ()
The Bank of England is widely anticipated to cut its key interest rate to 4.25% amidst concerns over potential economic fallout from US tariffs. This decision, expected today, follows similar moves by the European Central Bank. Markets are keenly observing the central bank's communication for hints of further rate reductions.
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News video: Bank of England cuts interest rates to 4.25%

Bank of England cuts interest rates to 4.25% 00:32

The Bank of England has cut interest rates from 4.5% to 4.25%. Shadow chancellor Mel Stride reacted to the news, claiming Labour's policies have prevented higher cuts to interest rates. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at...

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