Sky News
@skynews·9.3M subscribers·76.1K videos
Bank of England raises interest rate to 4%
Posted
February 2, 2023
Views
15,522
Likes
120
Comments
61
Engagement
1.17%
February 2, 2023
15,522
120
61
1.17%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
5:15Now PlayingThe Bank of England has raised UK interest rates by a further half percentage point to 4%, but gave its clearest signal yet that borrowing costs may now be nearing their peak.
This was the Bank's 10th successive interest rate increase, but in the accompanying documentation, it hinted that there is a chance it might be the last for the time being, saying that it would only raise rates further "if there were to be evidence of more persistent [inflationary] pressures" than in its forecasts.
Read more here
#economy #bankofengland #skynews
SUBSCRIBE to our YouTube channel for more videos
Follow us on Twitter
Like us on Facebook
Follow us on Instagram
Follow us on TikTok
For more content go to and download our apps
Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí
Sky News videos are also available in German here/Hier können Sie außerdem Sky NewsVideos auf Deutsch finden
To enquire about licensing Sky News content, you can find more information here
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
