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The Bank of England has kept the interest rate on hold at 4%. Analysts - and the bank's governor - are now predicting a potential cut in December once the impact of the budget becomes clear. So where do we stand with interest rates, inflation and the cost of living? Sky's Data and Economics Editor Ed Conway analyses the day's developments. Read more: https://news.sky.com/story/interest-r... #interestrates #money #economy #bankofengland SUBSCRIBE to our YouTube channel for more videos: / skynews Follow us on Twitter: / skynews Like us on Facebook: / skynews Follow us on Instagram: / skynews Follow us on TikTok: / skynews Sky News Daily podcast is available for free here: https://podfollow.com/skynewsdaily/ For more content go to http://news.sky.com and download our apps: Apple https://itunes.apple.com/gb/app/sky-n... Android https://play.google.com/store/apps/de... To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales SUBSCRIBE to our YouTube channel for more videos: / skynews Follow us on Twitter: / skynews Like us on Facebook: / skynews Follow us on Instagram: / skynews Follow us on TikTok: / skynews For more content go to http://news.sky.com and download our apps: Apple https://itunes.apple.com/gb/app/sky-n... Android https://play.google.com/store/apps/de... Sky News Daily podcast is available for free here: https://podfollow.com/skynewsdaily/ To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales