Bank of England Cuts Interest Rates, Inflation Outlook Uncertain
Update: 2025-12-18
Description
Bank of England cuts interest rates, offering relief to mortgage payers, with potential for more cuts next year. Chancellors budget measures expected to halve inflation, possibly meeting the two percent target by next year. However, concerns remain about economic slowdown, increased imports from China, and potential wage increases reigniting inflationary pressures.
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