Bank of England's Saunders: inflation could force interest rate rise next year - NewsBreak

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By Shannon in Business
Updated 3 years ago

The Bank of England could be forced into action to raise interest rates next year if inflation remains persistently higher than expected, one of Threadneedle Street's policymakers has said. Michael Saunders, one of nine members of the Bank's monetary policy committee, said a rise in borrowing costs could be warranted...

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