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BoE’s Greene: Uncertainties Around The Domestic Economy - May Have Precautionary Saving
Added at 3:02am
Added at 3:02am
- BANK OF ENGLAND MPC'S GREENE:
RISK MANAGEMENT AROUND INFLATION NEEDS TO INFLUENCE BOE POLICY VIEWS
HOUSEHOLD INFLATION EXPECTATIONS ARE AT THE VERY TOP OF WHAT WE CAN EXPLAIN
TODAY'S WAGE DATA IS GOOD NEWS AS A BIT LOWER THAN EXPECTED
WAGE SETTLEMENTS DATA FOR NEXT YEAR FROM SURVEYS IS HIGHER THAN WE WOULD LIKE TO SEE
I AM WORRIED ABOUT INFLATION PERSISTENCE IN UK, MEANS MONETARY POLICY NEEDS TO BE MORE RESTRICTIVE THAN OTHERWISE
I'M NOT CONVINCED MONETARY POLICY IS MEANINGFULLY RESTRICTIVE IN UK
Added at 3:19am
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