(Bloomberg) -- Bank of England Governor Andrew Bailey says U.K. economic growth is expected to "slow sharply" while inflation will "fall relatively quickly" after it peaks at slightly over 10% in the fourth quarter. He made the comments at a news conference in London after policy makers raised interest rates to their highest level since the financial crisis.
©2022 Bloomberg L.P.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
