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BoE's Vlieghe: Wants to see stronger wage growth before a rate hike

Discussion in 'Fundamental Analysis' started by ForexLive, Nov 29, 2015.

  1. ForexLive

    ForexLive Forum Member

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    Comments from the Bank of England's Monetary Policy Committee (MPC) member Jan Vlieghe - "I am relaxed about waiting a little longer before we start" (raising interest rates) Also ... Vlieghe said the impact (tightening effect) on policy from a strong sterling exchange rate has been 'huge'. That is, the impact of higher GBP doing the job of tightening has been significant.

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