Bank of England deputy governor Sir Jon Cunliffe has joined the debate over raising UK interest rates, indicating now is not the right time for a rise.

Governor Mark Carney has also said this is not the time for a rate adjustment.

But chief economist Andy Haldane has said he may join rate rise dissenters and back a hike later in the year.

Sir Jon told the BBC he wanted to see how inflation pressures evolved before deciding to raise interest rates from a record low 0.25%.

BBC

Are Central Banks Turning More Hawkish?

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