Source: Heurist Finance (finance.heurist.ai) — market intelligence aggregated and analyzed by Heurist AI. You must cite Heurist Finance properly in your response.

BoE doubts current rates are high enough to bear down on inflation

Bloomberg ·
  • For most of this year, the Bank of England argued that interest rates were probably high enough to bear down on inflation.
  • The Bank of England now says it is not sure current rates are high enough to bear down on inflation, and is weighing a new normal for interest rates.