The Bank of England is preparing the ground for lower interest rates

Thursday, 21 March 2024
For some reason which no-one can quite remember, when economists talk about interest rates they invariably find themselves referring to species of birds.

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Video Credit: ODN - Published on March 21, 2024

News video: Bank of England keeps interest rates on hold

Bank of England keeps interest rates on hold 00:56

The Bank of England has voted to keep interest rates unchanged, but showed what was perhaps the clearest sign in years that cuts could come in the months ahead. Bank governor Andrew Bailey said the economy is “not yet at the point” where rates can be lowered, but things are “moving in the right...

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