š¬š§ UK Rate Cut Update
The Bank of England has trimmed interest rates again, bringing the policy rate to 3.75% after inflation unexpectedly eased to 3.2%.
Why it matters: ā¢ Signals easing inflation pressures
ā¢ Lowers borrowing costs for households & businesses
ā¢ Provides timely relief ahead of the holiday period
š A supportive shift for growth, but policymakers remain data-dependent.
