Bank of England, Inflation, Interest rates, Monetary policy committee, Business, Economics Business | The Guardian
Jonathan Haskel warns state of jobs market means inflation is likely to be higher than 2% target ‘for quite some time’A senior Bank of England policymaker has warned that Britain’s battle against high inflation remains incomplete, requiring interest rates to be kept at elevated levels for longer than expected in financial markets.Pouring cold water on City predictions for a cut in interest rates in August, Jonathan Haskel said inflation was on course to return above the government’s 2% target. Continue reading…
Jonathan Haskel warns state of jobs market means inflation is likely to be higher than 2% target ‘for quite some time’
A senior Bank of England policymaker has warned that Britain’s battle against high inflation remains incomplete, requiring interest rates to be kept at elevated levels for longer than expected in financial markets.
Pouring cold water on City predictions for a cut in interest rates in August, Jonathan Haskel said inflation was on course to return above the government’s 2% target.
