Gieve warns of losing inflation battle

John Gieve, a deputy governor at the Bank of England, has warned that the Monetary Policy Committee (MPC) could lose the battle against inflation if it took a more gradual approach to raising interest rates.

"If we get behind the curve, gradualism in monetary policy could compound problems," Gieve said in a speech in London on 24 July. His comments contrasted with those of his fellow deputy governor, Rachel Lomax, who said recently that the central bank should be careful not to "overdo it" in

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: