BoE should ‘stop squeezing living standards’ and cut rates, says policymaker

BoE should ‘stop squeezing living standards’ and cut rates, says policymaker

Bank of England, Interest rates, Economics, Business, UK news Business | The Guardian

​Swati Dhingra says Bank of England’s monetary policy committee should lower interest rates in AugustBusiness live – latest updatesThe Bank of England needs to “stop squeezing living standards” and cut interest rates, a senior policymaker has said.Swati Dhingra, a member of the central bank’s monetary policy committee (MPC), said official borrowing costs should be cut at its next meeting on 1 August to ease pressure on households and businesses. Continue reading… 

Swati Dhingra says Bank of England’s monetary policy committee should lower interest rates in August

Business live – latest updates

The Bank of England needs to “stop squeezing living standards” and cut interest rates, a senior policymaker has said.

Swati Dhingra, a member of the central bank’s monetary policy committee (MPC), said official borrowing costs should be cut at its next meeting on 1 August to ease pressure on households and businesses.

Continue reading… 

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