• BoE's MPC member Vlieghe: Economic contraction is faster, deeper than anything in the past century

Notícias do Mercado

23 abril 2020

BoE's MPC member Vlieghe: Economic contraction is faster, deeper than anything in the past century

  • We are experiencing the biggest economic contraction in a century
  • Central banks using balance sheets does not detract from independence
  • Not a simple supply shock, consequently far more scope for active policy response
  • Once pandemic is over, UK economy should return approx. to pre-virus trajectory

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