Andrew Bailey said that it may be a "bit more aggressive" depending on the rate of inflation, which is close to the Bank's 2% target.
Its economists, he said, were watching Middle East developments "extremely closely", in particular for any movement in oil prices that could stoke inflation.
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Climb Stairs And Improve Heart Health
SHORT but intense activity - such as climbing the stairs or carrying heavy shopping could cut the risk of heart problems and strokes in women by up to 45%, a study suggests.
Greys invade red squirrel strongholds
THE last red squirrel strongholds in England are under siege from larger greys who carry the deadly pox that kill our native species, a study reveals.
ENGLAND HAVE REVENGE ON THEIR MIND
THEY may be one up in the series but as England head to Wellington for tomorrow night's second Test, they could have revenge on their minds.
VARDY PARTY
Rapid-fire Jamie triggers winning start to Ruud era
O'KEEFFE'S SUB PLOT
Stand-in bids to emulate his Savills success
Chef's £25k of stolen pies too hot to handle
TV star's stock ruined in crash
Fraudster jailed over £1.3million Tesco crash con
A FRAUDSTER has been jailed for 15 months after taking part in a £1.3million fake crash scam on Tesco.
I slept on the streets as a teenager...now I'm a chief fire officer with a PhD
Sabrina Cohen-Hatton survived two years living rough thanks to a stray called Menace. Today she's advising the Prince of Wales while raising funds for a remarkable charity that helps the homeless care for their dogs
Parents of disabled children lose £20k a year in income
PARENTS with disabled children are losing more than £20,000 a year on average from their family incomes after being forced to work reduced hours or quit their jobs to care for their kids, research shows.
Ceasefire at risk as Israel strikes Hezbollah targets
THE ceasefire in Lebanon lay in tatters yesterday as Israel blitzed what it called Hezbollah positions.
