Yonhap Infomax NewsBank of England Governor Andrew Bailey signaled growing prospects for further rate cuts as inflation risks ease, with the BOE holding rates at 3.75% and revising growth forecasts downward amid labor market concerns.
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BOE Governor Says Inflation Risks Easing—Further Rate Cuts Increasingly Likely (Comprehensive)
Bank of England Governor Andrew Bailey signaled growing prospects for further rate cuts as inflation risks ease, with the BOE holding rates at 3.75% and revising growth forecasts downward amid labor market concerns.