Sky News
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Bank of England news conference on interest rates being held at 5.25%
Posted
November 2, 2023
Views
8,597
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November 2, 2023
8,597
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0.57%
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5:08
56:57Now PlayingThe British economy is going to be flatlining for the foreseeable future, with next to no economic growth all the way through til early 2025, according to a bleak set of forecasts from the Bank of England.
The forecasts, published alongside the Bank's latest decision to hold interest rates steady at 5.25%, imply that the coming general election will be fought against a backdrop of economic stagnation.
#BankOfEngland #Economy #InterestRates #Business #Markets #Live
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