MPC member continues his argument for higher interest rates
Bank of England policymaker, Andrew Sentance, has reiterated that the Bank’s Monetary Policy Committee (MPC) needs to gradually lift interest rates from their historic level of 0.5% as high inflation persists.
The latest official data shows that British annual consumer price inflation (CPI) eased to 3.2% in June – down from 3.5% in May – however, [...]
