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CNBC

CNBC

Business

Business & Economics

Europe markets close 1.3% lower after U.S. data, Bank of England cut; banks tumble 4.5%

CNBC
Summary
Nutrition label

82% Informative

The pan-European Stoxx 600 index provisionally closed 1.29% lower.

All major regional bourses and most sectors finished in negative territory.

The Bank of England announced it was cutting interest rates, taking the key rate to 5% from a 16-year high of 5.25% ..

VR Score

93

Informative language

98

Neutral language

95

Article tone

formal

Language

English

Language complexity

45

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links

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