Sky News published this video item, entitled “Watch live: Bank of England news conference on interest rates being held at 5.25%” – below is their description.
The British economy is going to be flatlining for the foreseeable future, with next to no economic growth all the way through til early 2025, according to a bleak set of forecasts from the Bank of England.
The forecasts, published alongside the Bank’s latest decision to hold interest rates steady at 5.25%, imply that the coming general election will be fought against a backdrop of economic stagnation.
#BankOfEngland #Economy #InterestRates #Business #Markets #Live
Sky News YouTube Channel
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