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Bank of England could be about to open the door to interest rate cuts

The Bank of England is expected to hold interest rates at 5.25% on Thursday, but markets will be closely watching voting patterns, projections and language.

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J P Morgan expects BoE to deliver its first rate cut in Q4 2024

J.P.Morgan said it now expects the Bank of England to deliver 50 basis points of interest rate cuts in the fourth quarter of 2024, compared to an earlier expectation of a pause at current levels.

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J P Morgan expects BoE to deliver its first rate cut in Q4 2024 | Hellenic Shipping News Worldwide

J P Morgan expects BoE to deliver its first rate cut in Q4 2024 | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

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Sunak s inflation pledge goes down to the wire after petrol price shock

Slower-than-expected decline casts doubt over Prime Minister's key promise

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rumor: Bank of England on brink of rate hike pause after inflation surprise

Bailey and other officials have stressed in recent weeks that, while they might be close to reaching the peak of their run of rate hikes, they would probably have to keep borrowing costs at high levels for a period, dashing hopes of quick cuts.

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