Will interest rates rise in the coming months? | Ed Conway analysis
By Sky News
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The Bank of England held the interest rate at 3.75% for the sixth time in a row but hinted hikes will come if inflation goes higher. The Bank has also warned households that the price cap for energy bills is expected to rise by a further 24% in the first quarter of next year, pushing up the average bill by more than £400. Sky's economics and data editor Ed Conway has more. Read more: https://news.sky.com/story/money-live-consumer-personal-finance-interest-rate-mortgages-savings-careers-jobs-tips-sky-news-latest-13040934?postid=12459504#liveblog-body #economy #bankofengland #money #skynews SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on X: https://twitter.com/skynews Like us on Facebook: https://www.facebook.com/skynews Follow us on Instagram: https://www.instagram.com/skynews Follow us on TikTok: https://www.tiktok.com/@skynews For more content go to http://news.sky.com and download our apps: Apple https://itunes.apple.com/gb/ap
Tags: ED CONWAY, ECONOMY, INFLATION, MORTAGE, INTEREST, RATES, BANK OF ENGLAND, BANK, ANALYSIS, BILLS, ENERGY, PRICE, CAP
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