Published 15 days ago

Bank of England governor talks up interest rate cut prospects as inflation eases to 3.2%

Summary

The governor of the Bank of England has signalled the UK is still on course for an interest rate cut as official figures show a further easing in the pace of price growth in the economy.

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Sky News UK

Bank of England governor talks up interest rate cut prospects as inflation eases to 3.2%

While BoE chief Andrew Bailey sees further progress in the battle against inflation, most financial market bets are now firmly placed on a first UK interest rate cut not happening until August at least, which will likely disappoint mortgage holders.

15 days ago·United Kingdom

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