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The current base rate is 4% but analysts are split over whether another cut is incoming
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The Bank of England (BoE) could be set to reduce interest rates today after inflation stuck lower than expected last month, along with jobs data showing vacancies are still falling. That has led some economists, including from Barclays and Goldman Sachs, to predict the Monetary Policy Committee (MPC) members will vote to move from 4 per cent to 3.75 per cent.
