Two Bank of England rate setters have backed ‘higher for longer’ interest rate policies to restore price stability and boost consumer confidence. High inflation that has fallen from 11.1% in October 2022 to its current 3.8% has “scarred” consumers, said the Bank’s Monetary Policy…
The post Two BoE rate setters back ‘higher for longer’ rates appeared first on Mortgage Strategy.
Two BoE rate setters back ‘higher for longer’ rates