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Slowing wage growth 'crucial' for further rate cuts - BoE's Bailey

By Abigail Townsend

Date: Tuesday 03 Jun 2025

(Sharecast News) - The governor of the Bank of England has told politicians that further interest rate cuts this year will depend on both a slowdown in wage growth and how global trade policy pans out.
The BoE cut the cost of borrowing by 25 basis points rates last month to...

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