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Home > Latest

Lates News

date
07/08/2025
Language learning software Duolingo's pre-market stock surged over 20%, with its second quarter daily active users increasing by 40% year-on-year, and raising its full-year revenue guidance.
Latest
2 m ago
The Bank of England reiterated its guidance to "take a gradual and cautious approach" in further reducing borrowing costs, but added a new clue in its outlook information suggesting that its rate-cutting action may soon come to an end. The Bank of England stated that "as the constraints on monetary policy from cutting rates have somewhat diminished" it no longer directly stated that policy remains restrictive. The Bank of England reiterated that there is no predetermined path for interest rates. Stopping the rate-cutting process would be a blow to Chancellor Rishi Sunak and Prime Minister Boris Johnson, who have been striving to fulfill their promises to voters to accelerate the UK's sluggish economic growth. Bailey stated that the decision to cut rates for the fifth time since August was "very balanced," even though he believed that rates are still on a downward path.
2 m ago
Bank of England Governor Bailey: Future interest rate cuts need to be "gradual and cautious."
3 m ago
Bank of England: with the reduction of the benchmark interest rate, the restrictiveness of monetary policy has weakened.
4 m ago
After the announcement of the UK central bank's policy, the pound's gain against the euro has expanded, with the euro now at 0.8696 pounds, down 0.34%.
4 m ago
Bank of England: Further cautious easing of interest rates is still appropriate gradually.
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