Watch live: Bank of England Governor Andrew Bailey discusses inflation with MPs

Bank of England Governor Andrew Bailey and other members of the Monetary Policy Committee give evidence to the Treasury Select Committee on inflation. The rate of inflation has remained at 4% - despite forecasters predicting a rise, official figures show. The consumer price index (CPI) measure of inflation stood at 4% in January, the Office for National Statistics (ONS) said. Read more: https://news.sky.com/story/inflation-rate-remains-at-better-than-expected-4-as-food-prices-fall-for-first-time-in-two-years-13071253 #Inflation #AndrewBailey #BankofEngland SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on Twitter: 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/app/sky-news/id316391924?mt=8 Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB Sky News Daily podcast is available for free here: https://podfollow.com/skynewsdaily/ Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí: https://www.youtube.com/channel/UCzG5BnqHO8oNlrPDW9CYJog To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales