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'Premature' to be talking about interest rate cut, Bank of England governor warns

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The Bank of England has warned against complacency after freezing its interest rate at 5.25%.

Governor Andrew Bailey said he is determined to bring inflation back down to the target level of 2% - but with current rates at 6.7%, he added that "the job isn't done yet".

Read more: https://news.sky.com/story/bank-of-england-maintains-interest-rate-at-5-25-12966113

#bankofengland #interestrates #economy

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Category
World
Tags
bank of england, interest rates, sky news
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