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This means getting rates well into restrictive territory, and quickly, should signs of more embedded inflation emerge, we think Bank Rate of 6-7 % will be required to bring inflation dynamics under control. For now though, we continue to think evidence for such effects are limited with increases in unemployment still more likely to allow the MPC to pause around the turn of the year.

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CNN 1 year ago

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    "Benjamin Nabarro Quotes." Quotes.net. STANDS4 LLC, 2024. Web. 20 Apr. 2024. <https://www.quotes.net/citizen-quote/469091>.

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