Today news
About the same in other media
Inflation surge and labour market boom may spur UK rate hike, warns economist
Reading now: 362
The Bank of England’s chief economist has warned that the UK’s buoyant labour market and rapidly rising inflation is pushing the central bank closer to raising rates at its next meeting in December.
Huw Pill said the “burden of proof” was now in favour of increasing the cost of borrowing, though he said a rate rise would not be a quick fix that could bring down inflation in the short term.
Pill, who joined the Bank in the autumn from the investment bank Goldman Sachs, added that there were still
Read more on theguardian.comAbout this in other media
BoE chief economist hints at rate rise but new Covid variant fuels doubts theguardian.com /2 years ago
Harvester owner warns Brexit and rising costs will dent UK hospitality theguardian.com /2 years ago
At least one dead and 48 missing after accident in Siberia mine euronews.com /2 years ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
