Even as deficit spending soars and inflation rebounds, the BOE is CUTTING interest rates, now down to 4%.



Why?

The BOE is calling some of its inflation drivers "transitory."

But, in reality, economic growth has become so weak in the UK that they have no other option.
WHY-4.66%
IN-6.2%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 8
  • Repost
  • Share
Comment
0/400
ExpectationFarmervip
· 2h ago
This risky move is played smoothly.
View OriginalReply0
ZKProofstervip
· 3h ago
technically speaking, they're playing with fire
Reply0
YieldWhisperervip
· 3h ago
saw this movie before in 2021... spoiler: it doesnt end well
Reply0
LightningLadyvip
· 3h ago
The UK economy has already laid flat.
View OriginalReply0
CoffeeNFTradervip
· 4h ago
Might as well go bankrupt directly.
View OriginalReply0
GasFeeCryervip
· 4h ago
It's better to just let it go and rise to death.
View OriginalReply0
ProofOfNothingvip
· 4h ago
The economic growth is so poor, what is there to say?
View OriginalReply0
CryptoPunstervip
· 4h ago
The UK crypto world firefighter is once again not useful.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)