UK interest rates could top 2% in next year, says Bank of England’s Saunders
July 18, 2022 at 07:35 AM EDT
Interest rates could rise above 2% in the coming year as the Bank of England acts to prevent high inflation becoming embedded in the economy, one of its policy setters has said. Michael Saunders, who leaves Threadneedle Street’s monetary policy committee (MPC) next month, said he supported tighter … Source
