The Financial institution of England will subsequent week think about how a lot to lift rates of interest with out having acquired any steerage from the federal government about its tax and spending insurance policies, after Jeremy Hunt pushed again the date for this 12 months’s “autumn statement”.
Its policymakers meet on 3 November to resolve the rise in the price of borrowing required to deal with a charge of inflation that climbed above 10% in September.
By shifting the date of the autumn assertion – an occasion that can appear and feel like…