Bank of England to Cut Interest Rates

Decision expected to stimulate the economy

Markets expect a 0.25% cut to the base rate

The Bank of England is widely expected to cut interest rates by 0.25% on June 6, in a move to stimulate the economy. The decision would come after a series of interest rate increases that began in July 2018.

The decision to cut interest rates is likely to be welcomed by markets, which have been expecting a rate cut for some time. The cut would also be seen as a sign of confidence in the UK economy, which has been growing steadily in recent months.

However, some economists have warned that cutting interest rates too soon could lead to inflation. The Bank of England will need to balance the need to stimulate the economy with the need to keep inflation under control.

The Bank of England's decision on interest rates will be closely watched by businesses and consumers alike. A rate cut would make it cheaper for businesses to borrow money and invest, and it would also make it cheaper for consumers to borrow money for mortgages and other loans.

The decision on interest rates is expected to be announced at 12 noon on June 6.