The comments highlight a shift in the risks facing the United Kingdom's inflation outlook. Ramsden did not provide a specific timeline for any monetary policy changes, instead tying potential interest rate hikes directly to the persistence of current inflationary trends.
Tuesday, October 20, 2026
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Bank of England Ramsden Says Inflation Risks Now Tilt Toward Rate Hike
Global Markets23 days ago
Dave Ramsden of the Bank of England stated that external and domestic pressures have increased the likelihood of inflation rising. He noted that the central bank may have a case for increasing the bank rate if these upside pressures continue to build and threaten price stability.
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