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Andrew Bailey, governor of the Financial institution of England, on the central financial institution’s headquarters within the Metropolis of London, United Kingdom, on November 29, 2024.
Holly Adams | Bloomberg | Getty Photos
Financial institution of England Governor Andrew Bailey on Wednesday signaled that the UK might be on observe for 4 rate of interest cuts subsequent yr if inflation continues to slip.
Talking in a pre-recorded interview broadcast on the Monetary Occasions’ The International Boardroom digital occasion, Bailey added that inflation had fallen sooner than the central financial institution had anticipated.
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