Bank of England Governor suggests "more aggressive" interest rate cuts at next meeting amid easing inflation pressures.
Bank of England Governor Andrew Bailey indicated that the bank may implement "more aggressive" interest rate cuts at its next meeting, shifting market expectations toward a potential surprise reduction. This suggestion comes amid easing inflation pressures and signals a more proactive approach to stimulate economic growth. Following his remarks, the British pound experienced a decline.
October 03, 2024
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