BoE’s Bold Outlook: Possible Rate Cuts Ahead Despite Steady Interest Rates 📉

Bank of England Governor Andrew Bailey expresses optimism about inflation trends, suggesting borrowing costs might soon decrease even if rates remain unchanged for now.

BoE’s Bold Outlook: Possible Rate Cuts Ahead Despite Steady Interest Rates 📉
ODN
664 views • May 9, 2024
BoE’s Bold Outlook: Possible Rate Cuts Ahead Despite Steady Interest Rates 📉

About this video

Bank of England Governor Andrew Bailey has said he is 'encouraged' by the direction of inflation, hinting borrowing costs could soon be cut if inflation is reined in. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Video Information

Views

664

Duration

1:04

Published

May 9, 2024

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