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Bank of England expected to cut interest rates

BBC
Summary
Nutrition label

87% Informative

Bank of England expected to cut interest rates from 5% to 4.75% at 12:00 GMT on Thursday .

Decision expected to make borrowing money cheaper, but reduce returns to savers.

Bank 's Monetary Policy Committee meets eight times a year to set rates.

US central bank - the Federal Reserve - will also publish its latest interest rate decision.

VR Score

91

Informative language

92

Neutral language

64

Article tone

semi-formal

Language

English

Language complexity

48

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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