Bowman said that it’s possible more hikes could be needed, rather than the cuts the market is expecting.
International: Top News And Analysis
Related Posts
UK narrowly avoids recession in back half of 2022 despite December slump
The British economy showed no growth in the final quarter of 2022, but shrunk by 0.5% in December — more than expected by analysts. International: Top News And Analysis
Bank of England Governor Bailey denies outlook is optimistic, warns that parts of the economy are ‘not viable’
Bank of England Governor Andrew Bailey has denied suggestions that the central bank’s economic outlook is too optimistic in the wake of its latest monetary policy report. International: Top News And Analysis
Tight borders after Covid vaccines will have negative economic impacts, Bank of England says
Ben Broadbent, the Bank of England’s deputy governor of monetary policy, has told CNBC that tight borders following the rollout of vaccines will be detrimental to the U.K.’s economic recovery. International: Top News And Analysis