Interest rate hikes unlikely to be a repeat of 2022, says Bank’s chief economist
The Bank of England in London. Photo Anthony Devlin/PA Wire Anna Wise , Press Association Business Reporter The Bank of England is unlikely to have to raise interest rates as many times as it did in 2022, but hikes could continue into next year if it sees signs of higher energy costs affecting wages and prices, its chief economist has said. Huw Pill, a member of the Bank’s rate-setting committee,…
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