City predicts quarter-point drop to 4% when MPC meets on Thursday.
Read MoreBank of England forecast to cut interest rates amid rising unemployment and Trump tariffs
Tag: UK Economy
Relaxed mortgage rules will boost first-time buyers but send house prices up, says report
Easing stringent mortgage stress testing rules could cause house prices and first-time buyer numbers to rise, according to research.
Read MoreTwo mortgage lenders increase prices as Barclays makes gloomy interest rate forecast
Higher inflation could mean Bank of England cuts interest rates more slowly.
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