Interest rates don’t need to keep rising according to a Bank of England rate setter. heliaebrahimi explains why Silvana Tenrayro has warned aggressive interest rate changes could be destabilising.
There’s no need for further interest rate rises to bring inflation back under control – that’s the verdict tonight of one of the nine people who set rates at the Bank of England. Silvana Tenrayro warned that changing interest rate policy too aggressively could become destabilising.
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