Mmastodon BusinessFinance first seen 4 h ago, last 4 h ago, peak #3
BOE's Ramsden Open to Rate Hikes if Inflation Builds
Original: BOE's Ramsden Sees Case for Raising Key Rate if Inflationary Pressures Build https://www.wsj.com/pro/central-banking/boe
Bank of England Deputy Governor Dave Ramsden said there is a case for raising the central bank's key interest rate if inflationary pressures in the UK economy intensify. The comments signal that policymakers remain prepared to tighten monetary policy despite recent signs of easing price growth, and markets are watching for hints about the timing of the next move.
Why now: Investors and economists are closely parsing Bank of England officials' remarks for signals on the future path of UK interest rates.
Evidence
- BOE's Ramsden Sees Case for Raising Key Rate if Inflationary Pressures Build https://www.wsj.com/pro/central-banking/boes-ramsden-sees-case-for-raising-key-rate-if-inflationary-pressures-build-6297ba77?mod=rss_worldnews # Economy # Finance # InterestRates · wsj_world@robot.villas · 3
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