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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