August 3, 2023
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0:47Now PlayingBank of England Governor Andrew Bailey held a news conference following the base rate announcement, saying the Bank's job is to make "absolutely sure" inflation falls back down to 2%, and that is why it has increased interest rates to 5.25%.
Mr Bailey also said consumer price inflation will "continue to fall over the rest of the year".
#bankofengland #interestrates #skynews
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