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UK budget dims prospect of aggressive rate cuts, say economists

Sky News Monday, 4 November 2024 ()
UK 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 warned.
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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