Bank of England’s inflation response ‘risks higher interest rates for longer’
Thinktank Niesr says timid rate rise last week likely to make inflation more persistent feature of UK economy The Bank of England is risking higher interest rates for longer after a hesitant response to rising inflation, according to leading thinktank. In a searing critique of the central bank’s tactics, the National Institute of Economic and Social Research (Niesr) said a timid increase in…
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Bank of England’s inflation response ‘risks higher interest rates for longer’ (opens The Guardian in a new tab)
Thinktank Niesr says timid rate rise last week likely to make inflation more persistent feature of UK economy The Bank of England is risking higher interest rates for longer after a hesitant response to rising inflation, according to leading thinktank. In a…
