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Bank of England Governor talks “bit more aggressive” rate of interest cuts

In an exclusive interview with the Guardian – Bailey held out the prospect of the Bank becoming a “bit more aggressive” in cutting interest rates provided the news on inflation continued to be good.

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He also hit back at claims by the former prime minister Liz Truss that the Bank of England was part of a “deep state” that had set out to thwart her plans. Truss’s problems were of her own making, the governor said.

GBP was offered on the release of the article.

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