Three more UK interest rate cuts this year, predicts IMF
Source: BBC
Vishala Sri-PathmaBBC business reporterGetty ImagesThe IMF predicts that the UK will have higher than expected inflation this year for the Bank of England to battle. The Bank of England could cut interest rates three more times this year despite the UK grappling with higher-than-expected inflation, the International Monetary Fund (IMF) has said. The organisation predicted UK inflation would be the highest in the…
This is aggregated or syndicated coverage. Reporting and media belong to the original publisher.
Read the original source at BBC