• BoE's deputy governor Cunliffe expects some "transitive" pressures on prices

Notícias do Mercado

14 julho 2021

BoE's deputy governor Cunliffe expects some "transitive" pressures on prices

  • It is more difficult to assess inflation outlook in this unprecedented situation
  • We need to understand context for high inflation as economy reopens
  • Key question about inflation is whether demand surge and supply chain problems are persistent
  • We will try to get better read of supply, demand for August forecasts
  • We will reassess inflation rate in August
  • We need to see if higher inflation is something persistent which we would need to act against
  • It's more difficult to stimulate economy with rates near lower bound

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