The Deputy Governor of Markets and Banking of the Bank of England (BoE), Dave Ramsden, reports this Tuesday on the November Monetary Policy Report before the Treasury Select Committee of the British Parliament.
Featured Statements
I continue to characterize my approach to monetary policy as vigilant and responsive.
A restrictive policy for a long period of time is likely to be justified.
I would not rule out having to raise bank rates further in the future.
The speed limit of the British economy is now low.
A low speed limit increases the possibility of over-target inflation.
We are very clear when it comes to distancing ourselves from the markets’ rate expectations.
Household and business surveys are consistent with anchored inflation expectations.
Source: Fx Street
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