Bank of England warns economy to flatline in blow to Rishi Sunak
Threadneedle Street slashes growth forecasts after holding rates at 5.25pc
Source: telegraph.co.uk
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Threadneedle Street slashes growth forecasts after holding rates at 5.25pc
Bank of England Governor Andrew Bailey on Thursday pushed back on hope that it will soon cut rates, believing there is still some distance to travel yet in the fight against inflation. Bailey said...
With a weak economic outlook and shrinking inflation the Bank risks leaving rates too high for too long
The Bank of England has held interest rates at their 15-year high for a second time, voting to hold rates at 5.25 per cent
The BoE expects economic growth to be ‘broadly flat’ through 2024