BoE’s McCafferty: UK likely to fall behind the rate curve – Investec

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Oct 21, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    FXStreet (Delhi) – Research Team at Investec, suggest that comments from Bank of England member, and hawk, Ian McCafferty were the highlights of yesterday's London trading session.

    Key Quotes

    “The lone dissenter at the MPC highlighted the risks of the Bank of England being caught 'behind the curve' if they fail to raise interest rates early enough. He also highlighted he was not the only member concerned about the potential for a build-up of inflation pressures - a remark that helped the Pound re-test the 1.5500 level against the US Dollar.”
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