Bank of England's Ramsden monetary policy to be restrictive for an extended period of time

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Bank of England Deputy Governor Ramsden:</p>
<ul><li>says monetary policy
is likely to need to be restrictive for an extended period of time to
get inflation back to 2% target
</li><li>UK inflation is more homegrown</li></ul>

<p><br></p><br><figure data-media-><img src="https://images.forexlive.com/images/Bank%20of%20England%20cash%20rate%2027%20November%202023_id_6ff50052-2447-4595-8941-2d19a506963e_original.jpg" alt="Bank of England cash rate 27 November 2023" width="806" height="621" wrapper-="wrapper-" data-src="https://images.forexlive.com/images/Bank%20of%20England%20cash%20rate%2027%20November%202023_id_6ff50052-2447-4595-8941-2d19a506963e_original.jpg" /></figure><p>BoE Bank rate&nbsp;</p>

This article was written by Eamonn Sheridan at www.forexlive.com.