Exclusive: Former Bank of England policymaker calls for interest rates to be held amid high inflation Economics A former Bank of England rate-setter has suggested that high inflation levels call for interest rates to be held at 4.5 per cent in May. The majority of investors and analysts are expecting the Bank to cut interest rates next month to ease low growth concerns, with up to three more cuts priced in until [...]
Bank of England’s Haskel prefers holding rates on back of ‘tight’ labour market Economics A Bank of England rate-setter said he would prefer to leave interest rates on hold to ensure the surge in inflation has been decisively tamed.
Bank of England rate-setter Haskel: Interest rate cuts are still ‘a long way off’ Bank of England "Although the fall in headline inflation is very good news, it is not informative about what we really care about: what we really care about is the persistent and the underlying inflation," Haskel told the Financial Times.