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Inflation: 'Interest rate cuts won't be on the agenda' for the Bank of England

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Financial expert Peter Komolafe says that while there will be "some relief" that inflation hasn't risen, there is "only so much that people can do" as their household costs keep on rising by 2%.

Interest rates will remain "around about here" for some time says Komolafe, but are unlikely to fall below 4% or 3% in the near future.

Read more: https://news.sky.com/topic/cost-of-living-10023

#inflation #interview #bankofengland #interestrates

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Category
World
Tags
Sky News, Sky, Peter Komolafe
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