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Bank of England official favors more rate hikes, but sees potential for cuts

Por: CNBC Business November 24, 2022

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The BoE has raised interest rates eight times since December 2021.Vuk Valcic SOPA Images LightRocket Getty ImagesBank of England Deputy Governor Dave Ramsden backed more interest rate hikes on Thursday, but said he would consider cutting rates if the economy and inflation pressures panned out differently to his expectation.Ramsden is the latest member of the Monetary Policy Committee to mention the possibility of cutting interest rates at some... + full article



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