• BoE’s Haskel: Further policy-tightening cannot be ruled out

Market news

12 June 2023

BoE’s Haskel: Further policy-tightening cannot be ruled out

Bank of England (BoE) policymaker Jonathan Haskel wrote in the Scotsman newspaper, reported by Bloomberg on Monday, “Further increases in interest rates cannot be ruled out.”

Key Quotes

“The BoE is monitoring indicators of inflation momentum and persistence closely.”

“Policy should ‘lean against’ the risk of inflation.”

Must Read: GBP/USD gathers strength for a break towards 1.2600, US CPI and UK Employment eyed

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