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Interest rate cut expected as impact of tariffs gauged
The Journal
|May 05, 2025
UK interest rates are set to be cut to 4.25% as the Bank of England eases costs for borrowers while it digests the impact of US tariffs on the economy.
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Most economists are expecting rates to be reduced by 0.25 percentage points on Thursday.
Sandra Horsfield, an economist for Investec, said it is a “near-certainty” that borrowing costs will be eased further, with most participants in the financial markets pricing in a cut.
Dit verhaal komt uit de May 05, 2025-editie van The Journal.
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