Bank of England ‘may need to cut interest rates earlier and faster’

Bank of England ‘may need to cut interest rates earlier and faster’

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The Bank of England may need to cut interest rates earlier and faster as the impact from previous increases drags down the economy and pulls back inflation, one of its senior policymakers has said. Silvana Tenreyro, a member of the central bank’s rate-setting monetary policy committee (MPC), said…

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