Andrew Bailey on Bank of England interest rate rise warning

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Andrew Bailey on Bank of England interest rate rise warning

The Bank of England governor has warned that interest rates may have to rise even higher, as he gave a "blunt message".Andrew Bailey told the BBC's Fa

The Bank of England governor has warned that interest rates may have to rise even higher, as he gave a “blunt message”.

Andrew Bailey told the BBC’s Faisal Islam about how the “actions of Russia” have effected energy prices, with a prediction of a UK recession. He also said that inflation is going to affect people this winter.

Live: UK will fall into recession this year, warns Bank

www.bbc.co.uk