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Reuters

Reuters

World

World

Bank of England keeps rates on hold, warns against assumptions for cuts in face of uncertainty

Reuters
Summary
Nutrition label

81% Informative

The Bank of England held interest rates at 4.5% and warned against assumptions that they would be cut.

The Monetary Policy Committee voted 8-1 to keep rates on hold with only external member Swati Dhingra voting for a quarter -point cut.

All 61 economists polled by Reuters before the BoE 's March meeting had predicted it would keep Bank Rate on hold.

The U.S. Federal Reserve on Wednesday cut its economic growth forecasts for this year .

VR Score

92

Informative language

99

Neutral language

60

Article tone

formal

Language

English

Language complexity

54

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

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