Bank of England chief says he's 'pretty pleased' with state of economy
Bank of England governor Andrew Bailey sits down with Sky's economics editor, Ed Conway, to discuss the state of the economy and where interest rates might go next.
The Bank of England Monetary Policy Committee (MPC) chose to hold the base rate of interest at 5.25%.
While the MPC voted 7-2 to leave UK interest rates on hold at 5.25%, the change in the vote will be seen as a further sign that they could be coming down soon - perhaps as soon as next month.
#interestrates #bankofengland #inflation #economy #skynews
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Пікірлер: 19
Does this mean the working poor can afford to have their super noodles in boiling water now?
Bank of England just waiting for election 😂🤣👌👌
@user-wj4yk8ly1d
Ай бұрын
BoE
well they have a money monopoly on everything, not sure if any changes, taxes or interest even matters.
Why on earth did Harriet fix her rate when all signs points that rates won't go higher?
Hence why banks put up intrest rates on cards and loans in April/may 2024 so no any good news for the borrowers
@user-wj4yk8ly1d
Ай бұрын
Affordable money Is rare
It's really good to hear that things are starting to improve
Really going for the carrot and stick method 😒🙄
@user-wj4yk8ly1d
Ай бұрын
No .
@user-wj4yk8ly1d
Ай бұрын
Just mere routtine
August.At the earliest.
your listening to state sanctioned messaging
And the national debt keeps on rising💣
Present inflation 3.5 , interest rate 5.25 ,what justification, who profiting this only central bank.
@lionelolivier5827
Ай бұрын
That is not how it works. Central Bank can not make profit or loss. They are the ones who print money.
@user-wj4yk8ly1d
Ай бұрын
War in Europe
@user-wj4yk8ly1d
Ай бұрын
We must Show to the world that UK s assets Are Worth something Thus higher rates i hope