Sky News
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Bank of England boss: Interest rate hold was 'very close call'
Posted
November 5, 2021
Views
3,912
Likes
30
Comments
33
Engagement
1.61%
November 5, 2021
3,912
30
33
1.61%
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3:14Now PlayingThe Bank of England surprised investors and economists by leaving interest rates on hold at 0.1% for at least another month.
But Bank governor Andrew Bailey denied accusations he wrong-footed investors by signalling an imminent rate increase ahead of the decision.
Mr Bailey told Sky News rate-setters still needed to see "hard evidence" on the state of the jobs market before any hike.
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