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BOE’s Ramsden Sees Risk of More Persistent Inflation, Times Says

Bank of England's Deputy Governor warns of risk of persistent inflation and says officials must remain focused on monetary policy to control prices. Speculation rises over interest rate hike in May.

  • Bank of England's Deputy Governor Dave Ramsden warns of risk of persistent inflation.
  • Ramsden says BOE must remain focused on monetary policy to control prices.
  • Speculation rises that BOE will raise interest rates again in May.
  • Investors are now almost fully pricing in a 5% base rate by September.
BOE’s Ramsden Sees Risk of More Persistent Inflation, Times Says
Bank of England Deputy Governor Dave Ramsden sees a risk that inflation will persist in the UK and said officials must not get “knocked off course” in their effort to keep a lid on prices.

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