BoE Saunders: Quicker tightening early on could help limit the overall tightening cycle By ross_burland BOE
He says important to distinguish between the pace of tightening and the level of rates at the end of a tightening cycle.Says vote for a 50bp hike in February does not necessarily imply that I would vote for a 50bp hike in the event that further tightening is required.
Says maintaining a relatively loose policy stance under current conditions would be likely to produce a further undesirable rise in inflation expectations. Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.
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