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The Bank of England is expected to cut interest rates in the face of US tariffs threat
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The Bank of England is anticipated to cut interest rates, likely by a quarter-point to 4.25%, despite near-term inflation concerns. This decision is largely influenced by potential economic shocks from US tariffs. Economists will closely examine the bank's updated economic forecasts for indications of a more proactive policy approach, especially concerning growth and inflation.
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Rupee falls 84 paise to close at 85.61 against US Dollar amid India-Pakistan tensions
The Indian rupee plummeted to 85.61 against the US dollar due to escalating geopolitical tensions...