Enda Brady: UK correspondent on the Bank of England potentially raising interest rates for 14th time in a row
Heather du Plessis-Allan Drive · Newstalk ZB
August 3, 20234m 16s
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Show Notes
In the UK, interest rates are expected to rise a 14th time as the Bank of England struggles to bring down inflation.
Economists have predicted the Bank will lift rates from 5 percent to 5.25 percent.
UK correspondent Enda Brady says interest rates will continue to rise in the coming months, with at least 3 predicted before Christmas.
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Topics
UKBank of Englandinflation