Analysis: a rise would do nothing to alter the course of rising prices UK inflation jumps to highest level in 10 years Business live updates: UK inflation soars to 10-year high of 4.2% When Bank of England officials meet next month to discuss interest rates, the betting is that today's inflation number, showing a forecast-busting 4.2% rise in October, should convince them to respond with an increase in the cost of borrowing. If they do, the decision might appear inconsistent.
Bank of England interest rate decision still on a knife-edge despite rise in inflation
The Guardian - 17 Nov 2021 11:56
Analysis: a rise would do nothing to alter the course of rising prices UK inflation jumps to highest level in 10 years Business live updates: UK inflation soars to 10-year high of 4.2% When Bank of England officials meet next month to discuss interest rates, the betting is that today's inflation number, showing a forecast-busting 4.2% rise in October, should convince them to respond with an increase in the cost of borrowing. If they do, the decision might appear inconsistent.
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