The Bank of England (BOE) reduced its benchmark interest rate by 25 basis points to 4.50%, marking its first rate cut since late 2024 while the MPC minutes revealed a more dovish split than expected.
The Bank of England (BOE) reduced its benchmark interest rate by 25 basis points to 4.50%, marking its first rate cut since late 2024 while the MPC minutes revealed a more dovish split than expected.
Outlook is mixed; GBP could trade between 1.2390 and 1.2500. In the...
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