LONDON - The Bank of England took another step towards lowering interest rates on Thursday, as a second official backed a cut and Governor Andrew Bailey said he was"optimistic that things are moving in the right direction"." absence of data surprises is an indication that we're now getting back to more normal times, at least compared to the highly unusual period we've been living through with a global pandemic and a major war in Europe.
"Risks to the global economy remain including from the conflicts in the Middle East. But so far, economies have adjusted to withstand those risks."It has been our privilege to have the trust and support of our East Coast communities for the last 200 years. Our SaltWire team is always watching out for the place we call home. Our 100 journalists strive to inform and improve our East Coast communities by delivering impartial, high-impact, local journalism that provokes thought and action.
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