Bank of England: 'More evidence' needed before interest rate cuts, says governor

Рет қаралды 9,276

3 ай бұрын

Bank of England Governor Andrew Bailey believes that more evidence is needed before the interest rate can be cut.
Mr Bailey was talking to Sky's Ed Conway after the bank decided to hold rates for a fourth time in a row.
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Пікірлер: 35

@NCSWIC.. 3 ай бұрын

More bullshit

@mikestravelshow 3 ай бұрын

The face says it all. More incompetence.

@adamkarimian7137 3 ай бұрын

The presenter is clearly thinking Bailey is talking out of his arse

@Israelipropaganda 3 ай бұрын

he usually does

@robertellison4049 3 ай бұрын

This is this government allowing large Corporations to make Larger and Larger profits at our expense this is why we need to vote them out

@robertellison4049 3 ай бұрын

Let’s start a new party for the people, not the magore corporations

@michalkowalczyk5539 3 ай бұрын

this dude should go to prison

@infernogamers168 3 ай бұрын

Why?

@OnceSeenCannotUnsee 18 күн бұрын

Oh 100 percent

@michaeljohnson1006 3 ай бұрын

Rates should be minimum 3.5% he's not asked what rates will come down to minimum.Trouble is people are expecting free money again!

@danielschauffer8216 3 ай бұрын

Let me assume that the ‘evidence’ he needs is America lowering theirs.

@jameswright7795 3 ай бұрын

On an extremely serious note, the only reason inflation is the publicised rate that it is, is because they are cherry picking which bits of data to include. Changing the way they measure individual segments of the economy to positively manipulate the figures in the interest of the government

@GottuboiBeachVolleyball 3 ай бұрын

He is being cautiously optimistic that inflation rate would go down to 3% or 2% by the end of first quarter. However, I highly doubt it.

@benghiskahn3673 3 ай бұрын

He's been wrong every step of the way. He'll be wrong again.

@willrobinson7599 3 ай бұрын

So inflation come down quicker because of fall in energy prices , so how has making borrowing more expensive and morgage payments through the roof helped bring it down ?

@chubuking 3 ай бұрын

It’s absurd how the government and Bank of England is lying to us. I follow what Sasha has to say rather than these clowns.

@phillipimran7377 3 ай бұрын

It hasn't, it's actually adding to inflationary pressure since mortgages alone account for around 40% of someone's budget.

@straightlinesteve 3 ай бұрын

Everything is a derivative of energy, money is half of every transaction with the cost being interest rates, higher rates less overall demand, less energy

@elliottgotaheadache1217 3 ай бұрын

when it comes to money, everyone start accinn funny.

@Varghese9652 3 ай бұрын

He dont have a mortgage 😮

@MrLaking123 3 ай бұрын

why would they cut their making millions in bonus money the banks and the rich need a labour government asap?

@elizabethnajderek9654 3 ай бұрын

I am also obtymistic but I cant make life decision on his words of optymism

@stephenbettany1467 24 күн бұрын

Why on earth we have a governor who doesn't have a degree in economics or any financial experience? He's out of his depth clearly.

@edwardscrase6136 3 ай бұрын

I have no idea why anyone thinks lowering interest rates is a good idea beyond Tories and an election. Seriously people, it is a terrible idea, if anything inflation may go up meaning sticking at minimum of not raising.