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BOE's Ramsden: I expect that further increases to the bank rate are going to be required

BOE's Ramsden: I expect that further increases to the bank rate are going to be required
  • Favours a watchful, responsive approach to setting policy
  • Bias is towards further tightening but if economy develops differently, then would consider the case for reducing the bank rate
  • Impact of higher rates could take longer to come through
  • Not yet confident that domestically generated inflation pressures are starting to ease
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Posted: Nov 24 2022, 09:59
Author Name: forexlive
Views: 102199

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