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Sweden’s central bank has cut its key interest rate by half a percentage point to 2.75% in what was described as the largest reduction in over a decade STOCKHOLM -- Sweden’s central bank on ...

STOCKHOLM (AP) — Sweden’s central bank on Thursday cut its key interest rate by half a percentage point to 2.75% in what was described as the largest reduction over a decade. Riksbanken said ...

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Interest rate cut for only second time in more than four years to 4.75% The interest rate cut will will make the cost of borrowing cheaper in the UK, however, it will also lessen returns on savings.

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The Bank of England (BoE) lowered its main interest rate by a quarter of a percentage point to 4.75% on Thursday after inflation across the U.K. dropped significantly, in line with expectations, ...

Copyright 2024 The Associated Press. All Rights Reserved. Bank of England Deputy Governor, Markets and Banking, Dave Ramsden gestures during the central bank’s ...