Subscribe To
BoE's Tenreyro says the Bank may have tightened too much
External Member of the Bank of England's Monetary Policy Committee Silvana Tenreyrosays UK inflation target is flexible and intended to respond to shockssays the Bank of England may have already tightened a bit too muchThe most recent data on UK inflation was an upside surprise:UK March CPI +10.1% vs +9.8% y/y expectted--Tenreyro has been against the latest Bank of England rate hikes for a while now. At the March BoE meeting policymakers Tenreyro and Dhingra voted to keep rates on hold...
Read More
Posted: Apr 20 2023, 21:27
Author Name: forexlive
Views: 082085