Bank of England cuts interest rates for the first time in more than four years
The Bank of England announced its first interest rate cut in more than four years on Thursday, lowering its benchmark rate to 5 per cent. Policymakers eventually voted 5-4 in favour of the rate cut. The Bank of England will hold its next meeting on 19 September to discuss policy measures, and will hold two more meetings in November and December this year.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The altcoin season index remains at a low level, currently at 22.
By the end of December, approximately 1.5 million ETH will be unstaked.
A trader's $6.5 million MON long position was liquidated, resulting in a loss of $1.9 million.