Interest rate cut - but budget means inflation will rise, Bank says

Nov 7, 2024 - 23:00
 0  2
Interest rate cut - but budget means inflation will rise, Bank says
The Bank of England has forecast Rachel Reeves's first budget as chancellor will increase inflation by up to half a percentage point over the next two years, contributing to a slower decline in interest rates than previously thought.

What's Your Reaction?

Like Like 0
Dislike Dislike 0
Love Love 0
Funny Funny 0
Angry Angry 0
Sad Sad 0
Wow Wow 0