Is the Bank of England Going to Intervene With Higher Rates?

The key question iwhether that inflation can be contained as a spike caused by the recovering global economy and supply chain bottle neks. Whether it reflects, in the u cs case, some slightly more structural erm issues that will push costs and prices up. And whether it spreads across into wages, which would require the bank of england then to intervene with higher rates. But mean, which side of the of the argument are you coming down on? Tha, the temporary orthe ar the last temporary one. I think that there are a large number of transient factors, and the bank ofengland is right to discount them. The concern now is that wages and wage costs start to reflect