Summary
The Bank of England's rate-setting committee has cut interest rates to 5.25 per cent from 5.5 per cent amid signs the UK economy is slowing down.
Analysts had widely predicted the move, which followed recent cuts in the US, where the Federal Reserve has slashed its borrowing costs to three per cent from 4.25 per cent.See the full content of this document
Extract
Bank Rate Cut Amid Price Fears
However, the Bank of England signalled it was unlikely to be as aggressive because o...
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