BOE Interest-Rate Decision: What to Expect
The Bank of England is expected to cut interest rates by a quarter percentage point on Thursday. All 32 economists surveyed by Bloomberg expect policymakers to lower the benchmark rate to 4.25%, with 20 anticipating that at least one of the nine Monetary Policy Committee members will vote for a half-point cut. The decision comes amid an expected announcement by US President Donald Trump on a trade agreement with the UK later in the day. Bloomberg's Lizzy Burden reports.
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