Bank of England forecasts inflation above 4% early next year
The Bank of England held interest rates unchanged and said inflation is expected to top 4% early next year. Governor Andrew Bailey warned that prolonged Middle East conflict may require tighter policy.
The Bank of England predicted British inflation will top 4% early next year as it kept interest rates unchanged on Thursday. Governor Andrew Bailey warned that prolonged conflict in the Middle East may require tighter policy. Alongside an unexpected dec...