ITV News published this video item, entitled “Bank of England ‘won’t hesitate’ to raise interest rates to control inflation | ITV News” – below is their description.
The Bank of England has said it “will not hesitate” to change interest rates in order to get inflation under control.
The Bank released a statement on Monday after the pound plummeted to a record low of $1.03.
It has since recovered slightly but is still at a near all-time low.
ITV News YouTube Channel
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