22 Hrs
Source:
The Guardian
Bank of England to slow bond purchases
The article discusses the Bank of England’s upcoming decision on interest rates and bond-selling policies amid economic uncertainty. Despite inflation rising, policymakers are expected to hold rates steady at 3.75%, due to signs of a weakening labor market and concerns about consumer struggles. The Bank is also expected to slow or halt its bond-selling program, facing criticism over potential taxpayer losses and questions about its independence.
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