Central Banks
Tenreyro Says BOE May Need to Cut Rates From Next Year
Silvana Tenreyro
Photographer: Luke MacGregor/BloombergThis article is for subscribers only.
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The Bank of England may need to cut interest rates next year and to under 2% in 2024 to prevent inflation falling well below target in a widely-expected recession, according to the most dovish member of the Monetary Policy Committee.