India  

The Bank of England is preparing the ground for lower interest rates

Sky News Thursday, 21 March 2024
For some reason which no-one can quite remember, when economists talk about interest rates they invariably find themselves referring to species of birds.
0
shares
ShareTweetSavePostSend
 
Video Credit: ODN - Published
News video: Bank of England keeps interest rates on hold

Bank of England keeps interest rates on hold 00:56

The Bank of England has voted to keep interest rates unchanged, but showed what was perhaps the clearest sign in years that cuts could come in the months ahead. Bank governor Andrew Bailey said the economy is “not yet at the point” where rates can be lowered, but things are “moving in the right...

💡 newsR Knowledge: Other News Mentions

Bank of England Bank of England Central bank of the United Kingdom

Banking Chief welcomes new notes featuring King's portrait [Video]

Banking Chief welcomes new notes featuring King's portrait

Chief Cashier of the Bank of England Sarah John has welcomed the new bank notes featuring a portrait of His Majesty The King. The King welcomed Mrs John and Governor of the Bank of England Andrew Bailey to Buckingham Palace, where he was presented with £5, £10, £20 and £50 notes. These are the first notes which feature the image of His Majesty. Mrs John said it's "a great pleasure to be able to show the King what he's going to look like on the bank notes of the future." Mrs John revealed the bank notes will be released to the general public on the 5th of June. Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:55Published
The King is presented with bank notes featuring his portrait [Video]

The King is presented with bank notes featuring his portrait

The King welcomed Bank of England Governor Andrew Bailey to Buckingham Palace, who presented him with the first bank notes featuring his portrait as monarch. The portrait of His Majesty which appears on the notes is based on a portrait that was provided by the Palace to the Bank of England. Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 02:47Published
Chancellor hails inflation rate fall to 3.4% [Video]

Chancellor hails inflation rate fall to 3.4%

Chancellor Jeremy Hunt announces UK inflation fell to the lowest level in more than two years, to 3.4%. He would not be drawn on whether the fall would allow him to announce pre-election tax cuts in an autumn statement. Mr Hunt said: “What I’m really saying is that as inflation gets closer to its target, that opens the door for the Bank of England to consider bringing down interest rates, that brings down mortgage rates, that makes a very big difference. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:05Published

You Might Like


Related videos from verified sources

There's really no need for the Fed to lower interest rates, says Ed Yardeni [Video]

There's really no need for the Fed to lower interest rates, says Ed Yardeni

📉 Is the Fed in for a standstill? Ed Yardeni weighs in, suggesting there's really no need to lower interest rates. 💼 Dive into the debate as experts dissect the economic landscape,..

Credit: Rumble     Duration: 06:33Published