Interest rate rise in midst of cost of living crisis will leave many incredulous
The Guardian1 min read1 reads
Bank’s decision goes contrary to analysis from Office for Budget Responsibility that predicts lower inflation and little impetus for wage growth
Official figures show the economy has proved resilient in response to the jump in oil and gas prices. Photograph: Murdo MacLeod/The GuardianOfficial figures show the economy has proved resilient in response to the jump in oil and gas prices. Photograph: Murdo MacLeod/The GuardianAnalysisInterest rate rise in midst of cost of living crisis will leave many incredulousPhillip Inman
Bank’s decision goes contrary to analysis from Office for Budget Responsibility that predicts lower inflation and little impetus for wage growth
