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'Very, very premature' to be talking about interest rate cut, Bank of England governor warns

Summary by Ground News
The Bank of England has warned against complacency after freezing its interest rate at 5.25%. Governor Andrew Bailey said he is determined to bring inflation back down to the target level of 2% - but with current rates at 6.7%, he added that "the job isn't done yet".

Bias Distribution

  • 67% of the sources lean Left
67% Left
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Sky News UK broke the news in United Kingdom on Thursday, September 21, 2023.
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