The Dervish Wind in the Air Even Among the Hawks

Swati Dingra has already voted to keep interest rates on hold twice, and said that she'd do it again because overtightening risks denting the economy. The latest survey from the British Chambers of Commerce suggests that the UK is going to sputter along below pre-pandemics until late next year. And even though inflation's in double digits, Dingra's point was that the hawks are too focused on domestically-driven inflation.