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BOE's Pill: We held rates because economic restraint needs to be maintained

Hold decision reflected view some restrain on economy needed to be maintainedThere is still a need to bear down on inflationBalance of economic drivers has switched to supply sideWe can be less sanguine about idea of slowing demand will lead to inflation returning to marketWe have not really entertained the idea of cutting ratesI find it strange that a central bank would have a 'chief economist'. Aren't they all economists? And if so, isn't the chief the governor?In any case, you can see some do... Read More

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Boe

Pill

Held

Rates

Because

Economic

Restraint

Needs

Maintained

Forex

Posted: Nov 3 2023, 13:03

Author Name: forexlive

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