Interest rate held again - but does this hint at a possible cut soon?
May 9, 2024
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3:51Now PlayingInterest rate held again - but does this hint at a possible cut soon?
YouTube Description
as posted by the channelThe Bank of England has held the base interest rate at 5.25%.
Of the nine members of the Monetary Policy Committee - which makes the decision - seven voted to hold, and two to cut.
Is this a hint that interest rates may be cut soon? Sky News' Ed Conway has this analysis.
#interestrates #ukeconomy #skynews
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