• BoE’s Vlieghe: pay growth not putting upward pressure on CPI

Market news

26 February 2019

BoE’s Vlieghe: pay growth not putting upward pressure on CPI

  • appropriate pace of monetary tightening is somewhat slower than I judged it to be a  year ago

  • on balance, after no-deal Brexit likely to keep policy on hold or ease

  • direction of rate moves after no-deal Brexit will be trade off between supporting economy and stopping temp inflation overshoot

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