- BoE's MPC member Saunders: If Bank rate does rise in next year or so, it would be relatively limited
Market news
7 September 2021
BoE's MPC member Saunders: If Bank rate does rise in next year or so, it would be relatively limited
- We no longer need as much stimulus as previously
- Worries that continuing asset purchases when CPI is 4% might cause medium-term inflation expectations to drift higher; this could cause a more severe monetary policy response later
- Says that BoE should ease off the accelerator rather than apply brakes
- Believes UK will not face a persistent inflation problem
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