Bank of England rate cut a close call ahead of the Autumn Budget

Bank of England rate cut a close call ahead of the Autumn Budget

From cnbc.com

The Bank of England on Thursday is set to make its last interest rate decision before the Autumn Budget later this month, with economists saying that although the central bank is more likely to hold rates steady, it’s not a given. “We can never know for sure which way any meeting will go, but this one is ... one of the hardest to call for some time,” Dean Turner, chief euro zone and U.K. Economist at UBS Global Wealth Management’s Chief Investment Office, said Tuesday. “It’s not a case of whether they will cut interest rates at some point — the answer to that is yes, we believe they will ... if policy ... (full story)

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