✉news BusinessBanking first seen 12 h ago, last 34 min ago, peak #2
BOE's Ramsden Signals Case for Rate Hike if Inflation Builds
Original: BOE’s Ramsden Sees Case for Raising Key Rate if Inflationary Pressures Build
Bank of England deputy governor Dave Ramsden said there is a case for raising the UK's key interest rate if inflationary pressures build further. His comments come as policymakers weigh how persistent price pressures remain against a weakening economic backdrop, and markets watch closely for signals on the timing of the next move in borrowing costs.
Why now: Investors and businesses are watching Bank of England officials for clues on the direction of UK interest rates amid persistent inflation concerns.
Bank of EnglandDave RamsdenUnited Kingdom
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