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Governor Andrew Bailey tells the BBC he expects rates to continue falling, but “the course is a bit more uncertain”.
The Bank of England has cut borrowing costs to 4% but cautioned over “uncertainty” about future interest rate reductions. The Bank’s Monetary Policy Committee (MPC) chose to reduce interest rates by 0 ...
The cut followed a dramatic meeting of the Bank's nine-member Monetary Policy Committee, which for the first time had to vote ...
Not since the Bank gained its independence way back in 1997, when Gordon Brown was at Number 11, has the MPC required two ...
As rates drop, it becomes more and more beneficial to use debt to buy property assets. Average UK office yields are just shy ...
The position, which comes with a spot on the interest rate-setting Federal Open Market Committee, comes after Fed Gov.