UK interest rates could top 2% next year, says Saunders of the Bank of England
Interest rates could rise above 2% next year as the Bank of England acts to prevent high inflation from entering the economy, said one of its policymakers. Michael Saunders, who is leaving the Threadneedle Street Monetary Policy Committee (MPC) next month, said he supported a stricter policy because the risks of doing “too little, too …
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