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BOE's Cunliffe: We have to ensure that current inflation doesn't become the new normal

BOE's Cunliffe: We have to ensure that current inflation doesn't become the new normal

Central Banks
By Adam Button
01/06/2022 | 17:56 GMT
  • Comments from the BOE's Cunliffe
BOE Cunliffe
  • I don't think we're headed back to the interest rates of the 1990s
  • Interest rates may well have to rise further

It's tough for central bankers to do anything but talk tough on inflation right now with y/y CPI so high.

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