• BoE's deputy governor Ramsden: Labour market will be key determinant of policy thinking going forward

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6 novembro 2020

BoE's deputy governor Ramsden: Labour market will be key determinant of policy thinking going forward

  • Unemployment rate in UK is already quite a bit higher than official measure
  • Furlough scheme is not stopping adjustment in labour market
  • I don't think we will have sudden rush of job losses when furlough scheme ends
  • I do worry that COVID will be negative for certain aspects of real estate, challenging to re-purpose
  • We are keeping UK bank exposure to commercial real estate sector under close review

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