UK economy: Bank of England governor says inflation 'still too high' and it's 'too early to think about rate cuts'

The British economy is going to be flatlining for the foreseeable future, with next to no economic growth all the way through until early 2025, according to a bleak set of forecasts from the Bank of England.

Thursday 2 November 2023 13:01, UK

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Bank of England governor Andrew Bailey said there is absolutely 'no room for complacency' while inflation remains 'too high'.
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