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Back to the future − speech by Dave Ramsden
Thank you for the invitation to speak today, which gives me a chance to continue my support for the Society of Professional Economists, beyond my very limited official duties for the society. Thank you also to Bloomberg for their support for the SPE, through hosting today’s conference on future-proofing the world economy. In going back to the future, I’m going to review UK economic developments over the last twelve months, compared with the forecasts the Monetary Policy Committee (MPC) has produced over that period. I’ll then set out how my thinking on the role played by the forecasts has evolved in the context ... (full story)
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BOE'S RAMSDEN: I WOULD NOT RULE OUT HAVING TO RESPOND TO EVIDENCE OF MORE PERSISTENT INFLATIONARY PRESSURES BY RAISING BANK RATE FURTHER IN THE FUTURE.
— Breaking Market News (@financialjuice) November 17, 2023
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BOE'S RAMSDEN: THERE'S EVIDENCE OF CONTINUED UPSIDE RISKS ON INFLATION, BUT I WILL CONTINUE TO MAKE MY DECISIONS MEETING TO MEETING CONDITIONAL ON MY ASSESSMENT ON DEVELOPMENTS IN THE ECONOMY.
— Breaking Market News (@financialjuice) November 17, 2023
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BOE'S RAMSDEN: I SEE LESS NEED THAN I DID TO FOLLOW A ROBUST CONTROL APPROACH TO MONETARY POLICY.
— Breaking Market News (@financialjuice) November 17, 2023
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BOE'S RAMSDEN: I AM LESS CONCERNED THAN I WAS ABOUT MEDIUM TERM INFLATION EXPECTATIONS BECOMING DE-ANCHORED.
— Breaking Market News (@financialjuice) November 17, 2023