andrew bailey

Treasury Committee meeting addresses inflation

Uneven and insecure recovery

0.25% rate hike a “watershed” moment

Decision expected on Thursday

Inflation expected to hit 5.5% next year

Economy still ‘vulnerable’ to Covid shocks

Vacancies hit high of 1.17m

Overshot market expectation of 3.9%

Labour market uncertainty adds to pressures

Inflation expected to peak at 5% in April