Sky News
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'Significant' interest rate rise to come, Bank of England suggests
Posted
September 27, 2022
Views
58,514
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166
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September 27, 2022
58,514
166
78
0.42%
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2:31Now PlayingThe Bank of England's chief economist has said the government's mini-budget, which led to the pound falling to a record low against the dollar, will require "a significant monetary policy response."
The economic turmoil could also affect people's rent, their food costs, and the cost of other goods - as a weak pound also makes imports more expensive.
#SkyNews #CostOfLiving #Politics #Government
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