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- Reuters
Instant view: BoE edges towards a first rate cut, sterling falls
The Bank of England on Thursday took another step towards lowering interest rates, as a second official backed a cut and Governor Andrew Bailey said he was "optimistic that things are moving in the right direction". The BoE said on its Monetary Policy Committee voted 7-2 to keep rates at a 16-year high of 5.25%. The interest-rate sensitive two-year gilt yield was last down 4 basis points at 4.274%.
- Yahoo Finance UK
Bank of England keeps interest rates at 16-year high
Markets risk underestimating size of rate cuts, Bailey says
- Yahoo Finance UK
Trending tickers: ITV, Nissan, Warner Bros Discovery, Balfour Beatty
The latest investor updates on stocks that are trending on Thursday.
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