Bank of England Governor Andrew Bailey said further increase in the interest rate might be required to achieve the UK inflation target on a sustainable basis.
At Brunswick Group's Cost of Living Conference in London, Bailey said, "Some further increase in Bank Rate may turn out to be appropriate, but nothing is decided."
Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe NowAlready subscribed? Sign in
by Renju Jaya
For comments and feedback: contact editorial@rttnews.com