Economics

BOE’s Saunders Says Markets Right to Price in Quicker Tightening

  • Earlier comments by Bailey are likely to boost rate-hike bets
  • BOE governor doesn’t expect a further rise in unemployment

Shoppers along Oxford Street in London. 

Photographer: Hollie Adams/Bloomberg
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A Bank of England policy maker said markets are right to price in an earlier interest-rate hike than previously expected as inflation accelerates.