📰 News Alert:
🔖 Title: Rate cut can lift mood but Bank’s forecasts are unambiguously bleak
🗓️ Published: Thu, 06 Feb 2025 12:44:56 GMT
📄 Summary: The Bank of England has lowered UK interest rates to 4.5% and halved the country's growth forecast due to a weak jobs market and above-target inflation, impacting Reeves's growth plans and potentially eliminating fiscal headroom. This move will have implications on mortgages and savings, with future economic growth prospects uncertain.
🔗 https://www.theguardian.com/business/2025/feb/06/unambiguously-bleak-bank-of-england-forecasts-lay-way-for-spending-cuts
🗞️ Source: Business | The Guardian
#bitcoin #crypto #news
tzongocu / Tzongocu
npub10u…mz5qy
2025-02-06 18:16:01
Author Public Key
npub10u8xfdfw7447c26c34rql333yh6k0kevq9x3an8gqmvdtdpqnchqpmz5qyPublished at
2025-02-06 18:16:01Event JSON
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"content": "📰 News Alert:\n🔖 Title: Rate cut can lift mood but Bank’s forecasts are unambiguously bleak\n🗓️ Published: Thu, 06 Feb 2025 12:44:56 GMT\n📄 Summary: The Bank of England has lowered UK interest rates to 4.5% and halved the country's growth forecast due to a weak jobs market and above-target inflation, impacting Reeves's growth plans and potentially eliminating fiscal headroom. This move will have implications on mortgages and savings, with future economic growth prospects uncertain.\n🔗 https://www.theguardian.com/business/2025/feb/06/unambiguously-bleak-bank-of-england-forecasts-lay-way-for-spending-cuts\n🗞️ Source: Business | The Guardian\n#bitcoin #crypto #news",
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