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.
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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
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664
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Duration
1:04
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Published
May 9, 2024
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