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Bank RateCNBC
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86% Informative
U.K. likely to see interest rates drop at a faster pace than previously expected, according to economists.
Key data releases indicate inflationary pressures are finally easing.
Services inflation, among the most important measures for the Bank of England , was significantly below expectations in September .
Market-watchers are awaiting Labour government's debut budget at the end of the month to see what economic impact it will have.
Prime Minister Keir Starmer has warned the budget will be "painful" for the nation.
Labour 's messaging has led to considerable uncertainty over how major fiscal consolidation could be achieved.
Finance Minister Rachel Reeves said last month that the country would not return to austerity.
It is also unclear exactly what could lie ahead in terms of spending cuts or sector stimulus.
VR Score
93
Informative language
97
Neutral language
63
Article tone
formal
Language
English
Language complexity
59
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
1
Source diversity
1
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