Hopes for pre-election interest rate cut suffer further blow
The prospect of a pre-election interest rate cut by the Bank of England has been damaged by official figures showing no progress in bringing down the pace of wage growth.
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You Might Like💡 newsR Knowledge: Other News MentionsBank of England Central bank of the United KingdomUK budget dims prospect of aggressive rate cuts, say economistsHopes for consecutive interest rate cuts by the Bank of England over the next two months have been dampened by the UK government's recent budget, economists have..Sky News Bailey optimistic Bank of England can cut rates further Credit: ODN Duration: 00:28Published Related videos from verified sources
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