
Swati Dhingra says Bank of England’s monetary policy committee should lower interest rates in August
The Bank of England needs to “stop squeezing living standards” and cut interest rates, a senior policymaker has said.
Swati Dhingra, a member of the central bank’s monetary policy committee (MPC), said official borrowing costs should be cut at its next meeting on 1 August to ease pressure on households and businesses.
Continue reading…Swati Dhingra says Bank of England’s monetary policy committee should lower interest rates in AugustBusiness live – latest updatesThe Bank of England needs to “stop squeezing living standards” and cut interest rates, a senior policymaker has said.Swati Dhingra, a member of the central bank’s monetary policy committee (MPC), said official borrowing costs should be cut at its next meeting on 1 August to ease pressure on households and businesses. Continue reading…