Bank of England Monetary Policy Committee member Gertjan Vlieghe: more stimulus measures could be needed if the U.K. economy does not recover after the referendum

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20 May 2016

Bank of England Monetary Policy Committee member Gertjan Vlieghe: more stimulus measures could be needed if the U.K. economy does not recover after the referendum

Bank of England (BoE) Monetary Policy Committee (MPC) member Gertjan Vlieghe said in a speech on Thursday that more stimulus measures could be needed if the U.K. economy does not recover after the referendum on Britain's membership in the European Union (EU). He added that higher inflation target or helicopter money were not options.

Vlieghe pointed out that the economic growth in the U.K. slowed since 2014.

Bloomberg Consumer Comfort Index: consumers’ expectations for U.S. economy rise to 42.6 in in the week ended May 15

Eurozone: Current account, unadjusted, bln , March 32.3

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