Growth down, unemployment up... but no more rate cuts - yet: Blow to Reeves as Bank slashes economic forecasts but leaves borrowing costs on hold

1 month ago 5

The Bank of England has forecast a sharp growth slowdown and rise in unemployment as it left interest rates on hold in a blow to Chancellor Rachel Reeves.

Source: https://www.dailymail.co.uk/money/markets/article-15531277/Growth-unemployment-no-rate-cuts-Blow-Reeves-Bank-slashes-economic-forecasts-leaves-borrowing-costs-hold.html?ns_mchannel=rss&ito=1490&ns_campaign=1490

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