Friday, April 12, 2024

HomeEconomyBoE's Haskel wants more evidence that inflation risks are waning

BoE’s Haskel wants more evidence that inflation risks are waning

Economy

Reuters exclusively reported that Bank of England policymaker Jonathan Haskel, who voted to raise interest rates on February 1, is encouraged by signs that Britain’s inflation pressures might be on the wane but would need more evidence of a cool-down before changing his stance. 

Market Impact

The BoE now expects headline inflation to hit its 2% target around April or May, about 18 months earlier than it previously thought.

Article Tags

Topics of Interest: Economy

Type: Reuters Best

Sectors: Economy & Policy

Regions: Europe

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Important Regional Story


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