LONDON ― The Bank of England (BoE) is likely to cut interest rates on Thursday for only the second time since 2020, but the big question for investors is whether the BoE sends a signal about its subsequent moves after the government's inflation-raising budget.
The BoE has had almost a week to chew over new finance minister Rachel Reeves' first set of tax and spending plans, which Britain's official budget forecaster thinks will raise inflation as well as economic growth next year.
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