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Deloitte comments on today's interest rate decision

Commenting on today’s interest rate decision from the Bank of England, Debapratim De, director of economic research at Deloitte, said:

“The Bank of England is in agreement with investors, judging the recent Budget as inflationary. While that assessment has not scuppered the widely expected rate cut today, it points to a more gradual easing of policy in the coming months, in line with market expectations.”

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