-
Broadbent: Mismatch
Good morning. We’re going through a period of very rapid economic growth. On a reasonable estimate GDP in the second quarter of this year was probably around 5% higher than in the first and more than 22% higher than a year earlier. That’s easily the fastest year-on-year rate of growth since quarterly estimates began in the mid-1950s, and probably a long time before that as well. We know that rapid growth in demand tends to put upward pressure on prices. So with numbers like these perhaps it’s not surprising to see inflation going up, here and in other countries. In the UK, annual CPI inflation has risen from ... (full story)
-
BoE’s Broadbent: High Inflation Rate Likely To Subside, Sees Good Cases, Inflation Rise Is Temporary
— LiveSquawk (@LiveSquawk) July 22, 2021
-
BoE’s Broadbent: Quite A Bit Of The Current Rise In Inflation Is Actually Coming Directly From The Higher Price Of Oil, Something That Is Likely To Fall Away Through The Early Part Of 2022
— LiveSquawk (@LiveSquawk) July 22, 2021
-
BoE’s Broadbent: I’m Not Convinced That The Current Inflation In Retail Goods Prices Should In And Of Itself Mean Higher Inflation 18-24 Months Ahead, The Horizon More Relevant For Monetary Policy
— LiveSquawk (@LiveSquawk) July 22, 2021
-
BoE’s Broadbent: Behaviour Of Labour Costs Will For Me Be Important In Judging The Appropriate Stance For Monetary Policy, This Won’t Be Straightforward
— LiveSquawk (@LiveSquawk) July 22, 2021
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Jul 22, 2021 4:59am Jul 22, 2021 4:59am
- fxsport
- Joined Jul 2007 | Status: Member | 2661 Comments
- Comment #2
- Quote
- Jul 22, 2021 5:02am Jul 22, 2021 5:02am
- Prof.Trader
- | Commercial Member | Joined Jan 2018 | 718 Comments
- Comment #3
- Quote
- Jul 22, 2021 5:14am Jul 22, 2021 5:14am
- Guest
- | IP XXXX:53d5:b2db
- Comment #4
- Quote
- Jul 22, 2021 5:58am Jul 22, 2021 5:58am
- Bakker
- Joined Jun 2011 | Status: Member | 3252 Comments
- Comment #5
- Quote
- Jul 22, 2021 6:12am Jul 22, 2021 6:12am
- fxsport
- Joined Jul 2007 | Status: Member | 2661 Comments
- Comment #6
- Quote
- Jul 22, 2021 7:42am Jul 22, 2021 7:42am
- LloydOz
- | Membership Revoked | Joined Oct 2019 | 571 Comments