🚨 BREAKING: Bank of England Slashes Interest Rate to 3.75%! 🇬🇧💸

The BoE just cut its benchmark rate from 4.0% to 3.75%—the sixth cut in recent months—bringing borrowing costs to their lowest in nearly 3 years.

🔥 Key Highlights:

• Inflation easing: November CPI fell to 3.2% from 3.6% ✅

• Economic slowdown: GDP stagnating, unemployment rising ⚠️

• Borrower relief: Cheaper mortgages for millions 🏡

• Savers hit: Lower returns on deposits 💰

The move passed 5-4, with Governor Bailey now siding with the rate cut. While still above pre-pandemic levels, this shows the BoE is carefully balancing inflation control vs. growth support.

Markets are now watching for hints of further cuts in 2026.

#BankOfEngland #InterestRates #UKEconomy #MarketWatch #FinanceNew