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Its wednesday 25th october. Im annita mcveigh. Welcome to bbc newsroom live. The uk economy is growing and at a faster rate than economists were expecting. The latest figures from the office for National Statistics paint a more positive picture of the economy. The figures show that the uk economy grew by 0. 4 between july and september. Most economists were expecting growth of 0. 3 which is how much the economy grew in the first two quarters. The bank of englands main Interest Rate is at the record low of 0. 25 . Todays Economic News increases the chances that the central bank will raise interests next month. Will raise Interest Rates next month. We can speak to our economics editor kamal ahmed. Why is the economy growing faster than many experts were predicting . ....
Meetings. It . Ael can you believe he will miss the ecb meeting. I am hearing a lot of interesting comments, saying that the ecb has to do something, but if they do something that just pushes up valuations, and maybe it is a bubble. The market can decide if its a good move for bad. Francine he really needs to make sure the markets understand how he can maximize qe, and its unclear at the moment. We will have more shortly, but first, lets get straight to the first word news with taylor riggs. Taylor the president , mario draghi, may have no choice but to extend his bond buying plan. He held a press conference he will hold a press conference. Most economists surveyed by bloomberg predict the ecb will have to extend quantitative easing. Hillary clinton and donald trump made backtoback appearances at a form of military last night. It was sponsored by nbc news and a veterans group. It was held on an Aircraft Carrier in new york. Clin ....