Bank of England ‘risks worsening UK recession if no interest rate cuts soon’
Video Credit: Rumble - Duration: 01:25s - Published
Bank of England ‘risks worsening UK recession if no interest rate cuts soon’
The Bank of England’s former chief economist, Andy Haldane, has cautioned that unless the central bank promptly reduces interest rates to alleviate the financial strain on households amid the cost of living crisis, it risks exacerbating the UK’s recession.
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