• Bank of England Cuts Rates Ahead of Fed Decision; FTSE 100 and GBP React

    Source: Buzz FX / 07 Nov 2024 10:06:28   America/Chicago


    The Bank of England announced a 25 basis point interest rate cut, lowering the benchmark rate from 5% to 4.75%. This marks the second rate reduction by the bank this year, aligning with market expectations.
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