Wu Blockchain (@WuBlockchain): The Bank of England cut its benchmark rate by 25 basis points, from 5% to 4.75%, in line with market expectations. The Bank of England expects GDP to…
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
Impact unavailable
The Bank of England cut its benchmark rate by 25 basis points, from 5% to 4.75%, in line with market expectations. The Bank of England expects GDP to grow by 1% in 2024, 1.5% in 2025 and 1.25% in 2026, with the forecast assuming the key rate will fall to 3.7% in the fourth quarter of 2025.