Why has the Bank of England cut interest rates?

August 7, 2025

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1 min read

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BBC

Rates are now at their lowest since March 2023 even though inflation is well above target.

Why has the Bank of England cut interest rates? Andrew Bailey has acknowledged there is now more uncertainty about the pace of future rate cuts So why has the Bank of England cut rates when inflation is well above its target of 2% and seems set to re... [1017 chars]

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Source: BBC

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