💨 Abstract

The Bank of England is anticipated to cut its main interest rate by a quarter-point to 4.25% on Thursday, amidst uncertainty due to U.S. tariff policies. The decision, expected to be announced at 12:02 p.m. due to a shorter pause, reflects concerns about potential economic slowdown despite current inflation pressures. Economists will scrutinize the accompanying economic forecasts to assess the bank's proactive stance on policy loosening.

Courtesy: wtop.com

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