• BoE's MPC member Saunders: MPC has ample scope to tighten monetary policy if required to restrain inflation - Reuters

Notícias do Mercado

26 março 2021

BoE's MPC member Saunders: MPC has ample scope to tighten monetary policy if required to restrain inflation - Reuters

  • We have various options in our tool kit to support the economy if additional easing is required 
  • A jobless rate of well above 5% would almost certainly indicate that we are some way from closing the output gap sustainably
  • Shortfall in activity vs likely post-pandemic path for potential output once temporary effects fade is large now; unlikely to close in next few quarters
  • As long as this shortfall persists, it would be hard to argue that output gap has closed sustainably

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