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When will they fall? Interest rates were held at 5.25 percent today by the Bank of England. (Subscribe: https://bit.ly/C4_News_Subscribe)
It’s the sixth month in a row with no change. But from the mood music on Threadneedle Street, a cut could finally be on its way: perhaps as soon as June. For that to happen inflation needs to keep falling.
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Date: May 9, 2024