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Bank of England interest rate..?*
what are the chances of an interest rate cut by the Bank of England tomorrow?
Answers:
1) Somewhere between pretty good and certain
2) There is a very good chance as they are under pressure to do so. However, the governments reponse today may have some influence as to which way they will jump?
3) If we are lucky, we might get a .25% cut - they are having to be cautious as they don't want to kick start inflation.
4) None at all, in my opinion they will be cut by 0.50% today!
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