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January 23, 2026
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Lagos Television

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Bank of England to Cut Rate Amid Trump’s Tariffs

wasiu ayanwola9 months ago9 months ago02 mins

The Bank of England is widely expected to cut its key interest rate by a quarter point on Thursday as US President Donald Trump’s planned tariffs threaten to weaken economic growth. It follows the Federal Reserve’s decision Wednesday to freeze US borrowing costs and last month’s move by the European Central Bank to cut eurozone…

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