BoE’s Haskel says he wants to keep interest rates on hold

2024.07.08 07:37

LONDON (Reuters) – Bank of England policymaker Jonathan Haskel said he wanted to keep interest rates on hold as inflation pressures remained in the jobs market.

“The labour market continues to be tight, and I worry it is still impaired,” Haskel said in the text of a speech he is due to deliver later on Monday.

“I would rather hold rates until there is more certainty that underlying inflationary pressures have subsided sustainably.”

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