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Pace of rate cutting too rapid - BoE's Pill

By Abigail Townsend

Date: Tuesday 20 May 2025

(Sharecast News) - The Bank of England's chief economist argued on Tuesday that the pace of interest rate cuts has been too fast in the face of ongoing wage pressures.
The rate-setting Monetary Policy Committee trimmed the cost of borrowing earlier this month by 25 basis points, the second cut this...

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