Winter Will Reveal Extent of UK Inflation Pressures
Bank of England official Swati Dhingra stated that upcoming winter months will clarify UK inflation risks. She noted current price pressures differ from 2022 and defended keeping rates on hold.
Bank of England policymaker Swati Dhingra said on Thursday afternoon that the extent of long-term inflation pressures in the United Kingdom driven by the Iran war will emerge over the coming winter.
