BoE's MPC member Haskel: Faster vaccine rollout that government plans is upside risk for economy

Market news

24 February 2021

BoE's MPC member Haskel: Faster vaccine rollout that government plans is upside risk for economy

Downside risks to February forecasts are much more prevalent
Concerned about dampening effect from high uncertainty in UK-EU trade links
Firms' ability to repay debts and avoid insolvency represents a sizable downside risks
Risk that worries me most is highly transmissible Covid variants
Risk to activity are very much on downside; risks to supply are balanced
Says he remains open to possibility economy might need further support

BoE's deputy governor Broadbent: The main effect on UK inflation is probably from sterling strength

U.S.: New Home Sales, January 0.923 (forecast 0.855)

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 disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.