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Bank of England cuts interest rates to lowest in almost three years after sharp dip in inflation

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By Firstpost-Business

Bank of England cuts interest rates to lowest in almost three years after sharp dip in inflation
Representative Image • Source: Chandan Prakash
The Bank of England cut its key rate to 3.75 percent after inflation eased to 3.2 percent, aiming to boost the economy amid rising unemployment and divided policymakers.

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