UK interest rates will stay high for some time, stresses Bank of England governor
Andrew Bailey has warned of a tough battle ahead to bring inflation back to its 2% target as he rammed home the message that there was no immediate prospect of the Bank of England cutting interest rates. For the third time in a week, Threadneedle Street’s governor pushed back against speculation…
#andrewbailey #bankofengland #threadneedlestreets #newcastle #chroniclelive #commonstreasury
