• BoE's MPC member Ramsden: Comfortable with where inflation expectations are at the moment

Notícias do Mercado

2 setembro 2020

BoE's MPC member Ramsden: Comfortable with where inflation expectations are at the moment

  • For me, risk of a permanent hit to GDP from the pandemic is likely to be above 1.5% points
  • Likely, there will be a semi-permanent effect from this shock on commercial property sector
  • Commercial real estate will probably see less investment in the immediate future."
  • Open question whether this will result in more productive economy
  • Possible investment in retail will shift into the capital from labour, could result in greater productivity
  • UK inflation expectations have recovered
  • Inflation expectations appear well-anchored; MPC can take some comfort

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