Bank of England may cut interest rate in August

15:29 - 14.07.2025

July 14, Fineko/abc.az. The Bank of England may cut the rate in August. Weakness in the labor market may prompt a rate cut as early as August, ABC.AZ informs, quoting bank’s head Vondi Bailey.

The pound hit a three‑week low because of concerns about U.S. tariffs