• BoE's MPC member Tenreyro: BoE is not in rush to raise interest rates

Notícias do Mercado

3 março 2020

BoE's MPC member Tenreyro: BoE is not in rush to raise interest rates

  • I will not make a decision before seeing the data
  • Incoming data will influence my decision
  • Global growth had appeared to be stabilising in January
  • But situation is changing now, we will be reassessing our position
  • We have a very tight labour market but this is not the only factor for inflation
  • There is strong competition in the retail sector and declining business markups are weighing on inflation
  • It's important to highlight that BoE is not in rush to raise interest rates

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