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Interest rates cut but Bank hints fewer falls to come

Interest rates were cut to 4.75% but the Bank expects inflation to creep higher after last week's Budget.
Top stories - BBC News - November 7
Bank of England cuts interest rates to 4.75%

Central bank signals further reduction is unlikely before next year as it raises post-Budget inflation forecast
World - Financial Times - November 7
If the Fed Is Cutting Rates, Why Are Mortgage Rates Rising?

The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It extends an uptick in mortgage rates despite expected Federal Reserve rate cuts.
Business - The New York Times - November 7
Federal Reserve cuts interest rates by a quarter point

The Federal Reserve approved its second consecutive interest rate cut Thursday.
Business - CNBC - November 7
Fed cuts interest rates days after election

The Fed cut interest rates by a quarter of a percentage point.
Top stories - ABC News - November 7

Interest rates cut but Bank hints fewer falls to come