Interest rate rise unlikely before Christmas, says Bank policymaker - short news
Silvana Tenreyro predicts spike in prices in next few months will probably prove to be short-lived
An interest rate rise before Christmas is unlikely despite rising energy prices and supply shortages that are expected to push inflation towards 5%, according to Bank of England policymaker Silvana Tenreyro.
Setting herself against colleagues Michael Saunders and governor Andrew Bailey, who have warned in recent weeks that inflationary pressures could warrant a rapid response by..
source: The Guardian - 25.10.2021