Claims extracted
15
sentences that state something as happening or true
Uncertain
20%
3 of 15 hedged
("reportedly", "may", "according to")
Leaning
withheld
no quote in the article backed the model's score
Publisher signals
64/100
Evening Standard's corrections and
hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
1
Economy/Business
Same framing elsewhere
1
articles that frame the event the way this one does
Another rate hike likely in ‘near term’ to calm inflation, says Bank policymaker
The senior policymaker warned in a speech there is a risk that inflation will rise by more than feared as the Iran war sends costs surging, which would need further action on rates to cool inflationary pressures.
The Bank’s monetary policy committee voted to raise rates from 3.75% to 4% last week, marking the first increase for more than three years.
asserted
committee → calm → years
It forecast inflation jumping to around 5% in the second quarter of 2027, up from 3.5% currently.
asserted
inflation → forecast → %
Ms Lombardelli said: “In the absence of evidence of weaker inflation pressures, I continue to think there is likely to be a case for a further increase in rates in the near term.”
asserted
I → say → term
In her speech at the Bank of England Watchers Conference, she added: “The balance of risks to inflation remains to the upside.
asserted
balance → add → upside
“The energy shock has lasted longer and become larger than expected, activity has been more resilient and recent data suggest that underlying disinflation may have stalled.”
uncertain
disinflation → last → ?
She said: “This is not just about the conflict and its consequences for energy costs.
asserted
This → say → costs
But also how those feed through to price and wage setting more broadly across the economy
asserted
those → feed → economy
But she said the Bank should further increase rates “gradually” and not try to “anticipate today the full policy adjustment that will ultimately be needed to return inflation sustainably to target”.
asserted
that → say → target
Ms Lombardelli also stressed she would be looking carefully at the jobs market and factors affecting vacancies and youth unemployment.
asserted
she → stress → vacancies
She said: “Too many people are struggling to get in or move on.
asserted
people → say → ?
The challenge is not simply to keep unemployment low.
asserted
challenge → keep → unemployment
It is to help the labour market shift up a gear.
asserted
market → help → gear
Read More
“In setting monetary policy, I will continue to look beyond the headline numbers: at whether hiring is recovering, whether people can move towards the jobs available, and whether labour market weakness is genuinely easing wage and inflation pressures.
asserted
weakness → read → pressures
Most economists are pencilling in another rate rise in February, while some believe a further cut could come as soon as December.
uncertain
cut → pencil → December
But the timing is unclear and seen as being very dependent on progress in talks to end the Iran war, with oil already having dropped below 90 dollars a barrel on Thursday on hopes over a resolution.
uncertain
oil → see → resolution