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globalreutersDecember 4, 20241 Mins read
Pound Sterling briefly drops as BoE Bailey says he sees four interest rate cuts in 2025
globalreutersDecember 4, 20241 Mins read The Pound Sterling (GBP) faces selling pressure against all its major peers on Wednesday after Bank of England (BoE) Governor Andrew Bailey forecasted four interest-rate cuts in 2025 in an interview with Financial Times (FT).
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