Bank of England could cut interest rates ‘if war ends’

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The Bank of England could cut interest rates this year if the war in Iran ends and the Strait of Hormuz opens up within weeks, an economist at a City broker has said.

Peel Hunt’s chief economist Kallum Pickering’s current assumption is that the Bank makes two interest rate cuts at the end of this https://www.cityam.com/bank-of-england-could-cut-interest-rates-if-war-ends/">[...]