✉news BusinessBanking first seen 5 h ago, last 2 h ago, peak #4
Bank of England's Ramsden flags possible rate rises on inflation
Original: Bank of England’s Ramsden says rates may need to rise if inflation pressures build
Bank of England Deputy Governor Dave Ramsden said interest rates may need to rise again if inflationary pressures in the UK economy prove persistent. His comments signal that policymakers remain cautious about price growth even as other officials have suggested borrowing costs could stay on hold. Markets and economists watch such remarks closely for hints about the timing of the next move in British monetary policy.
Why now: Investors and analysts are watching Bank of England commentary for signals on the future path of UK interest rates amid stubborn inflation.
Bank of EnglandDave RamsdenUnited Kingdom
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