
THE AMERICA ONE NEWS

Jun 1, 2025 |
0
| Remer,MNSponsor: QWIKET
Sponsor: QWIKET
Sponsor: QWIKET: Sports Knowledge
Sponsor: QWIKET: Elevate your fantasy game! Interactive Sports Knowledge.
Sponsor: QWIKET: Elevate your fantasy game! Interactive Sports Knowledge and Reasoning Support for Fantasy Sports and Betting Enthusiasts.
topic
The Economist
1 Aug 2024

Britain | Cutting loose
Was the Bank of England right to start lowering interest rates?
Andrew Bailey takes a calculated risk
It was a close call. On August 1st the Bank of England announced that it was cutting interest rates by 0.25 percentage points. The votes of its Monetary Policy Committee (MPC) were split five to four. Ahead of the announcement, markets had also been divided, pricing in roughly a 60% chance of a cut. The bank says it intends to reduce rates only gradually from here. Markets reckon it will do so once more before the end of the year (see chart).
Explore more

What will Great British Energy do?
The new body’s first job is to unblock private investment

Britain’s railways go from one extreme to another
Departing: privatisation. Destination: centralisation

The disease that most afflicts England’s National Health Service
Stopping raids on capital budgets would be a start
A riot in Southport shows how the British far right is changing
It has become easier to spread lies and stir up trouble online
British voters care less about tax rises than politicians think
So if you’re going to increase a tax, make it a big one