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Evening Standard
Evening Standard
Business
Graeme Evans,Michael Hunter and Simon Hunt

FTSE 100 Live 09 May: Bank of England interest rate decision looms, blue-chips hold firm at record

The outlook for a summer interest rate cut should become clearer today when the Bank of England publishes its latest economic forecasts.

Interest rates are set to stay at a 16-year high of 5.25%, with the focus on whether inflation has been tamed to allow a rate cut as soon as next month.

On the corporate front, Balfour Beatty, ITV and BAE Systems have posted updates while Watches of Switzerland has bought an American retailer.

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