Bank of England, inflation risks
BoE's Ramsden sees increased risk of above-target inflation
Bank of England Deputy Governor Dave Ramsden said on Friday that he saw risks to the BoE's inflation target as being two-sided, rather than skewed downwards as before, though he noted that BoE rate cuts did not necessarily need to be slow.
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Increased uncertainty suggests that the Bank is likely to reduce interest rates more gradually, the policymaker cautioned.
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Dave Ramsden, deputy governor of markets and banking at the Bank of England and member of BoE’s Monetary Policy Committee, ...
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