Rate-setter Swati Dhingra denies high inflation is a ‘particularly British problem’ and says short-term factors are to blame
The causes of the UK’s inflation spike will “fade” and policymakers should avoid being “overly cautious” about cutting interest rates, a Bank of England rate-setter has argued.
Swati Dhingra, a trade expert and external member of the Bank’s monetary policy committee (MPC), rejected the idea that inflation is a “particularly British problem”.
Continue reading…Rate-setter Swati Dhingra denies high inflation is a ‘particularly British problem’ and says short-term factors are to blameThe causes of the UK’s inflation spike will “fade” and policymakers should avoid being “overly cautious” about cutting interest rates, a Bank of England rate-setter has argued.Swati Dhingra, a trade expert and external member of the Bank’s monetary policy committee (MPC), rejected the idea that inflation is a “particularly British problem”. Continue reading…