Bank of England policymaker issues inflation warning

Bank of England policymaker issues inflation warning ahead of interest rates decision
The policymaker has backed a 'gradual' approach to cutting interest rates - with inflation levels in the country higher than targeted
Bank of England policymaker warns of 'heightened risk of inflation escalating'
Dave Ramsden, who is the bank's deputy governor for markets and banking, pointed to the combination of rising inflation and weak economic growth.
Bank of England rate setter Ramsden warns of 'concerning developments' in UK labour market
Dave Ramsden, deputy governor of markets and banking at the Bank of England and member of BoE’s Monetary Policy Committee, has admitted he has grown increasingly uncertain about the future of the UK labour market.
Bank of England chief issues fresh inflation 'risk' warning to millions of Brits
Increased uncertainty suggests that the Bank is likely to reduce interest rates more gradually, the policymaker cautioned.
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Inflation could hit 4 per cent this year if the Bank of England's forecasts only slightly exceed expectations. Yesterday, inflation unexpectedly jumped to 3 per cent in January, hitting its highest level in 10 months and higher than the 2.8 per cent financial markets had forecast.
Bank of England rate setter warns of higher UK inflation risk driven by wages
UK inflation risks have increased because of stronger than expected pay growth, a senior Bank of England rate-setter said, as he emphasised the need to proceed with “gradual” monetary policy easing. Dave Ramsden,
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