• BoE's MPC member Haskel: Evidence is emerging that the dominant driver of fall in activity will be on demand side, not supply side

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23 julho 2020

BoE's MPC member Haskel: Evidence is emerging that the dominant driver of fall in activity will be on demand side, not supply side

  • I am concerned about the economy "getting stuck" and only recovering slowly
  • That may see an undershoot on inflation target
  • Path of recovery crucially depends on fear of the virus
  • Also depends on the fear - or realisation - of unemployment

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