(Finance) – The Bank of England it opened up the possibility of accelerating monetary tightening. The governor Andrew Bailey in fact, he explicitly stated that at the next meeting of the directorate on the table there will also be the hypothesis of an increase in rates by 50 basis points. It is not taken for granted that an increase of this magnitude will actually be made – it would be the most energetic in decades by the British institution – but to cool theinflation “It’s the top priority,” Bailey pointed out, according to the Financial Times.
“Simply put the next time we get together a rate hike from 50 basis points will be among the options on the table, “he warned.