BOE's Weale: I would be surprised if it took as long to hike rates as markets expect

Bank of England MPC member Martin Weale is crossing the wires via Reuters, after an interview in the Irish News, noting he would be surprised if it took as long to hike rates as markets expect.

Headlines

But markets may well turn out to be right, Weale said

Wage pressure key issue, previous sterling appreciation will not weigh on inflation forever