Bank of England’s dissenters face tough task winning an interest rate rise

With inflation likely to fall further and wages weak, the vote for higher rates by Martin Weale and Ian McCafferty looks doomed. There was a time when central bankers could show up at the annual shindig in the Rockies organised by the Federal Reserve Bank of Kansas and think they had it cracked. …

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Bank of England’s dissenters face tough task winning an interest rate rise

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