Bank of England chief says he's 'pretty pleased' with state of economy

Bank of England governor Andrew Bailey sits down with Sky's economics editor, Ed Conway, to discuss the state of the economy and where interest rates might go next.

The Bank of England Monetary Policy Committee (MPC) chose to hold the base rate of interest at 5.25%.

While the MPC voted 7-2 to leave UK interest rates on hold at 5.25%, the change in the vote will be seen as a further sign that they could be coming down soon - perhaps as soon as next month.

#interestrates #bankofengland #inflation #economy #skynews

Read more: https://news.sky.com/story/when-will-interest-rates-be-cut-mortgages-money-latest-sky-news-blog-13040934

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