- BoE's MPC member Vlieghe: Economic contraction is faster, deeper than anything in the past century
Market news
23 April 2020
BoE's MPC member Vlieghe: Economic contraction is faster, deeper than anything in the past century
- We are experiencing the biggest economic contraction in a century
- Central banks using balance sheets does not detract from independence
- Not a simple supply shock, consequently far more scope for active policy response
- Once pandemic is over, UK economy should return approx. to pre-virus trajectory
Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimerOpen Demo Account & Personal Page