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Evening Standard
Evening Standard
Business
Henry Saker-Clark

March interest rate cut is ‘genuinely open question’, says Andrew Bailey

Governor of the Bank of England Andrew Bailey voted to maintain the base rate at the latest meeting (Carl Court/PA) - (PA Wire)

The prospect of an interest rate cut next month is a “genuinely open question”, the governor of the Bank of England has said.

Andrew Bailey told MPs on Tuesday he will need to be confident he has seen “enough further evidence” before backing a further cut.

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