Watch live: Top Bank of England economists face questions on interest rate increases

Watch live as the Bank of England’s top economists face questions on interest rates.

Governor Andrew Bailey is facing parliament’s Treasury Committee alongside the central bank’s chief economist Huw Pill and its Monetary Policy Committee members Catherine Mann.

The economists are being questioned over the bank’s decision to increase interest rates for the 12th time in a row earlier in May to its highest level in 15 years at 4.5 per cent.


Read more on independent

Written by bourbiza mohamed

Haaland sets sights on getting Oasis back together as he eyes singing role

Turkey’s Next President Will Win an Economy in Peril