BOE's Vlieghe: should transition out of furlough happen smoothly, rate rise would be appropriate

BoE’s Vlieghe: Worry That The Transition Out Of Furlough Does Involve A Modest Rise In The Unemployment Rate, While The Economy’s Supply Potential Is Somewhat Less Adversely Affected, So That There Is Still Some Excess Supply

— LSTrade (@LSTrade2) May 27, 2021

BoE’s Vlieghe: Monetary Policy Will Focus On Medium-Term Outlook Rather Than Transient Factors

— LiveSquawk (@LiveSquawk) May 27, 2021

BoE's Vlieghe
- Tightening too early would be a much costlier mistake than tightening too late
- Should the transition out of furlough happen more smoothly, somewhat earlier rate rise would be appropriate

— DailyFX Team Live (@DailyFXTeam) May 27, 2021

BoE’s Vlieghe: First Rise In Bank Rate Is Likely To Become Appropriate Only Well Into Next Year, With Some Modest Further Tightening Thereafter

— LSTrade (@LSTrade2) May 27, 2021