Dale Says Inflation May Exceed 5% Before Slowing, Mail Says
Bank of England Chief Economist Spencer Dale said U.K. inflation could exceed 5 percent in coming months before slowing “very sharply” next year, the Daily Mail said. The newspaper cited an interview.
“My expectation is that it will rise to over 5 per cent over the next few months and that is largely baked in the cake,” the paper cited him as saying.
To contact the reporter on this story: John Fraher in London at firstname.lastname@example.org
To contact the editor responsible for this story: James Hertling at email@example.com