Sky News
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What is the impact of Bank of England cutting interest rates?
Posted
May 8, 2025
Views
29,737
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109
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May 8, 2025
29,737
109
50
0.53%
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2:21Now PlayingThe Bank of England has cut interest rates from 4.5% to 4.25%, citing Donald Trump's trade war as one of the key reasons for the reduction in borrowing costs.
Sky's Ed Conway explains the bigger picture in terms of trade and what this could mean going forward on a global scale.
#interestrates #skynews #economy
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