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What the Bank of England's Next Decision Could Mean for Your Savings

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The Bank of England's next Monetary Policy Committee (MPC) meeting is set for 19 September 2024, and there’s growing anticipation about the future of the base rate, which was recently reduced to 5% in August. This change followed a long period of interest rate hikes aimed at curbing inflation, which had peaked at 11.1% in late 2022. Now, inflation has come much closer to the Bank’s ta... https://www.monedacapitalgroup.com/

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