The Bank of England will announce its interest rate decision at 20:00 tonight
the Bank of England will announce its interest rate decision at 20:00 Beijing time today. The market expects a 25 basis point rate cut with an 8-1 voting ratio. However, the expansionary fiscal policy recently announced by the UK government and the tense government bond market have intertwined, making the subsequent interest rate path uncertain. The Bank of England will also release its latest economic forecast, which is expected to be higher than the forecast in August.
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