• BoE's MPC member Broadbent: We need clear evidence of sustainable return of inflation to target before we start to remove policy accommodation

Market news

7 May 2021

BoE's MPC member Broadbent: We need clear evidence of sustainable return of inflation to target before we start to remove policy accommodation

  • Bias towards policy easing at BoE is now less pronounced
  • Downside risks are less pronounced now
  • Big open question is whether Covid leads many people to decide they no longer need to be based in cities and instead work remotely

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