- 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.
