A Bank of England rate setter has warned that the central bank may be “underplaying the downside risks” for the UK economy as she called for immediate interest rate cuts because of weak consumer spending and declining inflation.
Swati Dhingra, an external member of the bank’s Monetary Policy Committee, was the only person to vote for a reduction in interest rates at the latest meeting last week. She advocated a quarter-point cut from 5.25 per cent.
In an interview after the MPC held rates on Thursday, the associate professor of economics at the London School of Economics told the Financial Times she did not see much danger of resurgent price growth given the feeble state of household demand.
您已阅读20%（698字），剩余80%（2740字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。