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Pound drops as BoE's Bailey says rate cuts could become 'more aggressive'

By Michele Maatouk

Date: Thursday 03 Oct 2024

(Sharecast News) - Sterling took a hit on Thursday after Bank of England governor Andrew Bailey told the Guardian that the central bank could become a "bit more aggressive" in cutting interest rates as long as news on inflation continued to be good.
Bailey told the Guardian he has been encouraged...

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