Bank of England policymaker issues inflation warning

Bank of England warned interest rate cuts could unleash new inflation nightmare
Bank of England rate-setters are sounding the alarm on inflation, warning that the central bank may need to hold off on further interest rate cuts
Bank of England policymaker warns of 'heightened risk of inflation escalating'
Dave Ramsden, who is the bank's deputy governor for markets and banking, pointed to the combination of rising inflation and weak economic growth.
Bank of England rate setter warns of higher UK inflation risk driven by wages
UK inflation risks have increased because of stronger than expected pay growth, a senior Bank of England rate-setter said, as he emphasised the need to proceed with “gradual” monetary policy easing. Dave Ramsden,
Bank of England deputy governor warns of increased inflation risks
Dave Ramsden, the Bank of England deputy governor, said the United Kingdom’s inflation risks had increased in the past few months. The policymaker revealed that inflation risks had risen due to the increased pay growth.
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Deputy Governor Dave Ramsden has cautioned that inflationary pressures in the UK remain a concern, despite ongoing efforts to stabilise the economy. While the Bank of England (BoE) has adopted a measured approach to interest rate adjustments,
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