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- BOE MPC member Vlieghe: there is considerable uncertainty around my forecast for policy rate path
BOE MPC member Vlieghe: there is considerable uncertainty around my forecast for policy rate path
if Brexit deal is done, around one quarter-point rate hike a year is reasonable central case
in no-deal Brexit scenario, an easing or extended pause in monetary policy more likely to be appropriate than tightening
degree of future monetary tightening will in part depend on how large sterling’s appreciation after a Brexit deal is
signs of economic slowdown in early 2019 means a lot needs to go right for this forecast to come to pass
I can probably wait for evidence of growth stabilising, inflation pressure rising before considering rate hike
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