Bank of England boss says more aggressive rate cuts could be on the way
Bank of England Governor Andrew Bailey has said interest rate cuts could become “more aggressive”, sparking falls in the value of the pound. He said that, if inflation remains in check, the Bank might be able to be “more activist” over reducing borrowing costs. The pound fell by nearly 1% against the US dollar and the euro – to 1.317 US dollars and 1.193 euros respectively – after he told The Guardian […]