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Bank of England rate-setter casts doubt on August cut

Sky News Monday, 8 July 2024
Hopes of a summer interest rate cut have been knocked by a member of the Bank of England's rate-setting committee.
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Hopes 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..
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Bailey optimistic Bank of England can cut rates further [Video]

Bailey optimistic Bank of England can cut rates further

Bank of England governor Andrew Bailey has said he is "optimistic" that inflation pressures would ease sufficiently for the central bank to cut rates further. Report by Ajagbef. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:28Published

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