Bank of England: 'More evidence' needed before interest rate cuts, says governor

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Bank of England Governor Andrew Bailey believes that more evidence is needed before the interest rate can be cut.

Mr Bailey was talking to Sky's Ed Conway after the bank decided to hold rates for a fourth time in a row.

Read more here:
https://news.sky.com/story/bank-of-england-holds-interest-rate-at-5-25-for-fourth-time-in-a-row-13061300

#uk #economy #finance #business

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