Bank's deputy governor conscious of great hardship' faced by millions
Briefly

The deputy governor of the Bank of England has said he is acutely conscious that raising interest rates is adding to the hardship faced by millions of households and businesses amid the cost-of-living crisis.Dave Ramsden said that his bias is toward further interest rate rises, but that if runaway inflation stops being a concern he would consider the case for cutting rates.
Read at www.independent.co.uk
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