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HomeWorld NewsBank of England's Bailey says interest rates will be cut four times...

Bank of England’s Bailey says interest rates will be cut four times in 2025 if inflation cools | Real Time Headlines

On November 29, 2024, Bank of England Governor Andrew Bailey was at the central bank headquarters in the City of London, England.

Holly Adams | Bloomberg | Getty Images

Bank of England Governor Andrew Bailey said on Wednesday that Britain could cut interest rates four times next year if inflation continues to fall.

Bailey said in a pre-recorded interview broadcast at the Financial Times virtual global board event that inflation was falling faster than the central bank expected.

This is a breaking news story and will be updated soon.

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