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Economic Impact of Taylor Swift’s Eras Tour at London May Force Bank of England To Delay Interest Rate Cut

Posted on AllSides June 17th, 2024
From The Right

Could Taylor Swift’s Eras Tour prompt the Bank of England to delay an interest rate cut? “Look What You Made Me Do” might just be the message to come out of the Bank of England as the predicted economic boost from Ms. Swift’s Eras Tour may lead the central bank to forgo an interest rate cut until September, according to two high-ranking TD Securities strategists. With the United Kingdom’s interest rates currently sitting at a 16-year high of 5.25 percent, the public has been itching for a long-awaited reduction. Following...

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