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Watch: Governor of Bank of England holds news conference after interest rate announcement
Posted
February 1, 2024
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45:37Now PlayingAndrew Bailey, the Governor of the Bank of England holds a news conference after the bank announced it will hold its base-level interest rate at 5.25% for the fourth time in a row.
It means the rate of borrowing has not become more expensive as members of the rate-setting Monetary Policy Committee attempt to bring down inflation.
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