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August interest rate cut in doubt, says Bank of England official

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July 8, 2024
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Inflation Concerns Remain as Bank of England Member Argues Against Interest Rate Cut The possibility of an interest rate cut this summer has been called into question by a member of the Bank of England’s rate-setting committee. In a speech to be delivered at King’s College London on Monday, Jonathan Haskel stated his belief that interest rates should remain unchanged due to ongoing inflation…

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