Andrew Bailey, the governor of the Bank of England, has insisted “the job is not done” on falling inflation as the Bank of England decides to leave its interest rate at 5.25%.
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00:00 Well, it's a point when we've stopped tightening because we've had very good news this week
00:03 on the inflation front, very welcome news. We can see that inflation was coming down
00:09 but this week's news is good because it's a sign that we've had more than we expected
00:14 and that's very good. But of course the job's not done yet. We can't be complacent about
00:19 this. Our job is to get inflation back down to the 2% target and to sustain it there.
00:24 So the job isn't done yet and we will of course keep on doing the job.