BoE's Lombardelli sees rates rising if energy prices stay high

Interest rate hikes ‘increasingly likely’ despite debate over inflation risk

A Bank of England policymaker has suggested that an interest rate hike looks “increasingly likely” if energy prices remain higher for longer although officials struck a cautious tone on whether UK inflation would spiral over the next year.  Speaking at an event in Warsaw, deputy governor Clare Lombardelli teased interest rate hikes as she said [...]

Global Market: BoE's Lombardelli says rates may need to rise if energy prices stay high

Bank of England Deputy Governor Clare Lombardelli said UK interest rates may need to rise if elevated energy prices persist and fuel broader inflation through wages, expectations and corporate pricing, unless economic activity shows clear signs of weakening.

Bank deputy says rate rise ‘increasingly likely’ if energy prices stay high

It comes after inflation lifted to a five-month high of 3.1% last month, moving further away from the Bank’s 2% target rate.

BoE's Lombardelli sees rates rising if energy prices stay high

Bank of England Deputy Governor Clare Lombardelli said on Thursday that interest rates will likely have to rise if energy ​prices stay elevated, unless there is clear evidence of a weaker economy.

BOE’s Lombardelli Warns Hikes More Likely as Iran War Continues

Bank of England Deputy Governor Clare Lombardelli warned that an interest-rate hike is increasingly likely the longer the Middle East conflict goes on.

Rate rise ‘increasingly likely’ if energy prices stay high, warns Bank deputy

A rise in interest rates by the Bank of England is looking “increasingly likely” if energy prices remain high, a deputy governor has said. Clare Lombardelli said energy price pressure could drive rate-setters to tighten monetary policy unless there is particular weakness in the economy. Ms Lombardelli, who has been a deputy…