Wed. Dec 25th, 2024

Bank of England is 'probably going to have to raise interest rates again'

Bank of England is 'probably going to have to raise interest rates again'

The rate of inflation has dropped to single figures for the first time since last August - a move that was largely influenced by a fall in wholesale energy prices.

But despite the decrease - It's still significantly higher than the Prime Minister would want. He's promised to halve inflation by the end of the year

Our Economics and Data Editor Ed Conway has this report.

Read more on: https://news.sky.com/story/significant-easing-of-inflation-as-energy-costs-stabilise-latest-ons-figures-show-12887613

#ukeconomy #inflation #energycosts

SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews

Follow us on Twitter: https://twitter.com/skynews
Like us on Facebook: https://www.facebook.com/skynews
Follow us on Instagram: https://www.instagram.com/skynews
Follow us on TikTok: https://www.tiktok.com/@skynews

For more content go to http://news.sky.com and download our apps:
Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8
Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB

Sky News Daily podcast is available for free here: https://podfollow.com/skynewsdaily/

Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí: https://www.youtube.com/channel/UCzG5BnqHO8oNlrPDW9CYJog

Sky News videos are also available in German here/Hier können Sie außerdem Sky News-Videos auf Deutsch finden: https://www.youtube.com/channel/UCHYg31l2xrF-Bj859nsOfnA

To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales

Related Post