降息周期
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interest rate cut cycle
以上为机器翻译结果，长、整句建议使用 人工翻译 。
MPC, together with Mr King's prominence as a dissenting voice, reinforces the view that the reduction in rates to 4.5% in early August might be the Bank's first and last cut in this phase of the interest-rate cycle.
ECONOMIST: Monetary policy gets interesting
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