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BOE’s Greene: Policy will need to remain restrictive for some time
BOE’S GREENE: POLICY WILL NEED TO REMAIN RESTRICTIVE FOR SOME TIME.
— FinancialJuice (@financialjuice) February 15, 2024
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BoE’s Greene: UK Inflation Is Stickier Than In US And This May Not Be Reflected In The Market Pricing Of Rate Paths
— LiveSquawk (@LiveSquawk) February 15, 2024
- Need To See Further Evidence That Inflation Persistence Is Less Embedded Than Previously Feared Before I Would Consider Voting To Loosen Policy
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Worlds apart? UK inflation and monetary policy in an international context
I’m delighted to be at Fitch, where a lot of my former colleagues have migrated to work over the years. I’ll keep my initial remarks relatively short to save time for a fireside chat and then, most importantly, your questions. My speech today sets out the UK economy in an international context. I am going to focus primarily on how the drivers of inflation compare and contrast in the UK and US and how this impacts my policy stance as a member of the Monetary Policy Committee at the Bank of England. If you knew nothing about the UK or US economies and looked at the market-implied path for interest rates in ... (full story)