Why Bank of England is in no rush to lower interest rates - even though some think waiting is dangerous

Credit: Sky News- Published on September 19, 2024
Slowly does it.
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Bank of England
Central bank of the United Kingdom
Interest rate cut for only second time in more than four years
The Bank of England has cut the interest rate to 4.75%.
2 days ago • Sky News
UK budget dims prospect of aggressive rate cuts, say economists
Hopes for consecutive interest rate cuts by the Bank of England over the next two months have been dampened by the UK government's recent budget, economists have..
5 days ago • Sky News
Bailey optimistic Bank of England can cut rates further 00:28
Credit: ODN - Published on September 19, 2024 

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🖥️ Why Bank of England is in no rush to lower interest rates - even though some think waiting is dangerous