BoE Dhingra: Prudent to hold rates steady because of material overtightening risk

BoE dove Swati Dhingra warned in a speech that overtightening posses a more material risk now. She called for holding interest rate unchanged. “Overtightening poses a more material risk at this point, through potential negative impacts from increased borrowing costs and reduced supply capacity going forwards,” she explained. “It risks unnecessarily denting output at a […]

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