You are here: Home » Reuters » News
Business Standard

BoE's Ramsden sees case to raise rates sooner than he thought

Business Finance

Reuters  |  LONDON 

LONDON (Reuters) - The Bank of England might need to raise British interest rates somewhat sooner than Deputy Governor Dave Ramsden had expected if wage growth picks up early this year, according to a newspaper interview released on Saturday.Ramsden was one of two policymakers who opposed the BoE's decision in November to raise interest rates for the first time in a decade, but appears to have shifted his stance somewhat in comments published by the Sunday Times newspaper.Earlier this month the central bank said interest rates might need to rise somewhat sooner and by somewhat more over the ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Sun, February 25 2018. 08:59 IST