Two MPC members cautious about rate rise | Mortgage Introducer

Two members of the Bank of England’s Monetary Policy Committee have spoken cautiously about the prospect of a rate rise next month. Bank of England deputy governor Dave Ramsden indicated he is not close to voting for a rate hike because there is little sign of inflation getting out of control, while new MPC member Silvana Tenreyro said she would require more data to vote for a rise on November 2. Source: Two MPC members cautious about rate rise | Mortgage Introducer

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