Economics

BOE Officials Double Down on Signals of Imminent Rate Hike

Saunders tells U.K. to brace for significantly earlier rise
Governor Bailey warns against potentially damaging inflation

WATCH: Two BOE officials are reinforcing market bets that a rate hike may be imminent. Lizzy Burden reports.(Source: Bloomberg)

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Alaa Shahine

October 10, 2021 at 8:00 PM UTC

Updated on

October 11, 2021 at 8:16 AM UTC

This article is for subscribers only.

Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.

Two Bank of England officials moved to reinforce signals of an imminent rise in U.K. interest rates to curb inflation, with one telling households to brace for a “significantly earlier” increase than previously thought.