BoE expected to cut interest rate to 4.0% despite rising inflation

The Bank of England (BoE) is scheduled to announce its decision on monetary policy this Thursday, and market participants anticipate a 25-basis-point (bps) interest rate cut from the current 4.25% to 4.0%.
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United Kingdom Halifax House Prices (MoM) above expectations (0.3%) in July: Actual (0.4%)

United Kingdom Halifax House Prices (MoM) above expectations (0.3%) in July: Actual (0.4%)
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