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Bank of England's Ramsden Open to Rate Hikes if Inflation Builds

Original: BOE’s Ramsden Sees Case for Raising Key Rate if Inflationary Pressures Build

Bank of England Deputy Governor Dave Ramsden said there would be a case for raising the Bank's key interest rate if inflationary pressures in the UK economy build. His comments signal that policymakers remain prepared to tighten monetary policy, keeping the debate over the timing and direction of UK rate moves in focus among investors and economists.

Why now: Markets are watching Bank of England officials closely for signals on the future path of UK interest rates amid inflation concerns.

Bank of EnglandDave Ramsden

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