- We will do what is necessary
- It’s a worse outcome if we don’t get inflation back to target
- I expect headline inflation to come down
- The unwind of energy subsidies is on a longer track
- We have a very, very robust labour market in the UK
- The size of the labour force is smaller than at the outbreak of covid
- The economy has turned out to be much-more resilient so far but we’ve had a very sharp fall in energy prices
- We do talk quite a bit about global events
- We have to judge the rollover of fixed rate mortgages
- I’ve always bee interested to see that markets think it will be a short-term top in rates when we’re fighting a long-term inflation process
This article was written by Adam Button at www.forexlive.com. Source