Bank of England governor Andrew Bailey says "growth will come, but it will take time".
The Bank of England has cut interest rates to 4.5%, slashing its growth forecast for the UK economy.
Mr Bailey told Sky’s Economics and Data Editor Ed Conway he is a "very strong supporter" of the growth agenda, but warned that people needed to be realistic about expectations.
#bankofengland #interestrates #skynews
Read more: https://news.sky.com/story/money-interest-rate-latest-inflation-bank-of-england-michelin-cheap-eats-mortgage-consumer-news-live-13040934
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