September 29, 2017 / 2:54 PM / in a year

Bank of England's Carney says inflation pressures likely to last

LONDON, Sept 29 (Reuters) - Bank of England Governor Mark Carney said on Friday that pressures pushing up inflation were likely to last.

“I actually think those tailwinds ... are probably going to persist for a while,” Carney said in a set of closing remarks at the end of a BoE conference, reiterating comments he made earlier this month in a speech.

The BoE has said most of its policymakers believed a rate hike was likely to be needed in the coming months if inflation pressures continue to build. (Reporting by William Schomberg, editing by David Milliken)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below