Interest rate rises likely in coming months, Bank of England economist says
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‘We have further to go,’ says Huw Pill after increase to 4% last month as Bank seeks to tackle rising inflation
The Bank’s monetary police committee is due to make its next rates decision on 17 December. Photograph: Laura Rose Whereatt/The GuardianThe Bank’s monetary police committee is due to make its next rates decision on 17 December. Photograph: Laura Rose Whereatt/The GuardianInterest rate rises likely in coming months, Bank of England economist says
‘We have further to go,’ says Huw Pill after increase to 4% last month as Bank seeks to tackle rising inflation
The Bank of England will probably need to raise interest rates next month and again in early 2027 to combat rising inflation, its chief economist has said.
