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Saunders: May Not 'Vote Today To Curtail', But 'For Me That Has To Be Under Consideration'
MORE BOE'S SAUNDERS: MAY NOT 'VOTE TODAY TO CURTAIL' THE APP, BUT 'FOR ME THAT HAS TO BE UNDER CONSIDERATION'#boe #ukeconomy #michaelsaunders #inflation
— Mace News (@MaceNewsMacro) July 15, 2021
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BOE'S SAUNDERS, WHEN ASKED IF STOPPING QE EARLY WOULD DAMAGE CREDIBILITY: ACCORDING TO THE BOE, THE INITIATIVE MIGHT BE RE-EVALUATED.
— Breaking Market News (@financialjuice) July 15, 2021
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BOE'S SAUNDERS: THE UK'S NEUTRAL INTEREST RATE IS LOWER THAN IT WAS BEFORE.
— Breaking Market News (@financialjuice) July 15, 2021
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The inflation outlook - speech by Michael Saunders
In this speech I want to discuss recent developments in the economy, and the outlook, and offer some thoughts on the appropriate setting of monetary policy. I would like to make several main points. Activity seems to have recovered a bit faster than the central forecast in the May MPR, and risks lie on the side that the output gap will close earlier than previously expected. Some of the recent signs of labour market tightness probably reflect temporary frictions associated with the reopening of the economy, Covid-related uncertainty and furlough. Labour market slack is shrinking but probably not yet used up. Price ... (full story)