Bank of England’s timid rate rise risks higher rates for longer, says Niesr
Briefing by News4U · First published
The Guardian reported that the National Institute of Economic and Social Research said the Bank of England’s timid interest-rate increase last week risks keeping UK inflation above its 2% target until at least 2030. [1]
Sources
- Bank of England’s inflation response ‘risks higher interest rates for longer’
The Guardian · · Summary only