Bank of England says the case for cutting stimulus is growing – and that surging energy prices could keep inflation sky-high next year - NewsBreak
By Gesard in Business
Updated 3 years ago
The Bank of England said it sees a growing case for reducing its support for the economy as inflation rises and employment recovers. The Bank also said that soaring energy prices could keep inflation at sky-high levels in 2022. It left its $1.2 trillion bond-buying package in place and interest...