This is a U.K. news story, published by ABC News, that relates primarily to the Bank of England news.
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first interest rateABC News
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87% Informative
Borrowing costs in the U.K. could be cut Thursday for the first time since the onset of the coronavirus pandemic.
Economists are divided as to whether the Bank of England will cut its main interest rate by a quarter -point from the current 16-year high of 5.25% or hold off until September .
Inflation has reached the bank's target of 2% , several members of the nine -member policymaking panel have voiced ongoing concerns about persistent price pressures in the services sector.
VR Score
93
Informative language
95
Neutral language
62
Article tone
formal
Language
English
Language complexity
62
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
2
Source diversity
1
Affiliate links
no affiliate links