Pound Declines as BOE Minutes Signal Possible Future Rate Cut

  • BOE cut interest rates last month for first time in 7 years
  • Officials vote 9-0 to keep key rate at record-low 0.25%

BOE Holds Key Rate Steady at 0.25% in 9-0 Vote

The pound fell after the Bank of England maintained its monetary policy while indicating there’s a chance of another interest-rate cut this year.

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