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In full: BoE Governor says inflation could fall 'sharply' from middle next year in news conference
Posted
November 3, 2022
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1:03:13Now PlayingThe Governor of the Bank of England gives a news conference after unveiling the biggest interest hike for 30 years.
The rate rose by 0.75 percentage points to a fresh 14-year high of 3%.
The decision is aimed at taming inflation ahead, some of which will be attributed to the mini-budget announced by the Truss government in September, which hit the value of the pound.
#SkyNews #BankOfEngland #AndrewBailey
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