The Bank of England has kept the interest rate on hold at 4%.
Analysts – and the bank’s governor – are now predicting a potential cut in December once the impact of the budget becomes clear.
So where do we stand with interest rates, inflation and the cost of living?
Sky’s Data and Economics Editor Ed Conway analyses the day’s developments.
Read more: https://news.sky.com/story/interest-rates-held-after-knife-edge-vote-13464939
#interestrates #money #economy #bankofengland
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