Bank will ‘not hesitate’ to raise interest rates after pound’s fall

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Bank will ‘not hesitate’ to raise interest rates after pound’s fall

The Bank of England said it was “monitoring developments in financial markets very closely”, but said it would “make a full assessment at its next scheduled meeting of the impact on demand and inflation from the government’s announcements, and the fall in sterling”. www.bbc.co.uk

The Bank of England said it was “monitoring developments in financial markets very closely”, but said it would “make a full assessment at its next scheduled meeting of the impact on demand and inflation from the government’s announcements, and the fall in sterling”.

www.bbc.co.uk