UK interest rates will fall ‘gradually’, predicts Bank of England governor; China launches stimulus blitz – business live

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Rolling coverage of the latest economic and financial news Rolling coverage of the latest economic and financial news “We still have to get it sustainably at the target and we have quite an unbalanced mix of components of inflation at the moment. But I’m very encouraged that the path is downwards therefore I do think the path for interest rates will be downwards, gradually.” “Where it will settle is a good question. Simple answer is I can’t tell you with any great accuracy. What I would say is ‘

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