Bank of England base rate decision illustrated with picture of Bank of England

Bank of England Cuts Rate to 3.75% — Good News, But Not the Full Story

The Bank of England has cut the Base Rate from 4% to 3.75%, the lowest level in around three years. While the move had been widely expected, the decision was finely balanced, passing by a narrow 5–4 vote. In this edition of Citrus Bites, Richard Harris explains why the rate cut comes alongside mixed signals […]

Bank of England Cuts Rate to 3.75% — Good News, But Not the Full Story Read More »