News in Review Wednesday 9th October 2024 - HCR IFA
News in Review Wednesday 9th October 2024

News in Review Wednesday 9th October 2024

Last Thursday, Bank of England (BoE) Governor Andrew Bailey spoke in an interview about the pace at which interest rates are being cut. With two more Monetary Policy Committee(MPC) meetings this year, the Governor said the Bank could afford to be “a bit more aggressive” with its rate reduction approach, while acknowledging inflation as a key factor in the equation.