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Bank of England Cuts Rates, Future Reductions Unlikely

8/15/2025

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Story summary
  • The Bank of England's interest rate is at 4% following a recent cut.
  • Further rate reductions in 2025 are unlikely due to stronger economic growth.
  • Predictions for a November rate cut have decreased from 42% to 39%.
  • Slower rate cuts may result in higher fixed mortgage rates despite positive economic growth.