Bank of England opens door to December rate cut as it signals inflation has peaked
PositiveFinancial Markets

Bank of England opens door to December rate cut as it signals inflation has peaked
The Bank of England has indicated that inflation may have peaked, paving the way for a potential interest rate cut in December. By maintaining borrowing costs at 4% for now, the bank is balancing the need for economic stability with the reality of persistent weak growth. This decision is significant as it reflects a cautious optimism about the economy's direction, potentially easing financial pressures for consumers and businesses alike.
— via World Pulse Now AI Editorial System







