British think tank predicts further interest rate cuts

NAMPA / Xinhua

2025-02-12

LONDON, Feb. 12 (Xinhua) -- A leading think tank predicted on Wednesday that the Bank of England (BoE) will implement two additional interest rate cuts this year and again in 2026, reducing rates down to around 4 percent, signaling a cautious approach amid an economy looking for lower borrowing costs. The National Institute of Economic and Social Research (NIESR) also projected that inflation will rise to 3.2 percent in January before graduall......

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