This is a U.K. news story, published by CNBC, that relates primarily to the Bank of England news.
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growth outlookCNBC
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77% Informative
IMF now sees 1.1% growth for the U.K. economy this year , up from a July forecast of 0.7% .
Lower rates of services inflation and wage growth have led economists over the last week to forecast a faster pace of interest rate cuts from the Bank of England .
IMF also trimmed its growth outlook for the euro zone in 2024 to 0.8% from 0.9% .
VR Score
89
Informative language
97
Neutral language
32
Article tone
formal
Language
English
Language complexity
53
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
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