COLUMN-Rate trap? BoE and sterling snared by rate frenzy: Mike Dolan - NewsBreak

LONDON, Oct 8 (Reuters) - If the Bank of England is bluffing on its rate raising plans, it increasingly risks triggering a trap door for sterling. All central banks are at a tricky point, gradually accepting that 'transient' post-pandemic inflation will last longer than first thought as winter energy costs heat up and economies cool.