BOE’s Breeden: Important for policy to be restrictive for an extended period

  • Inflation is falling but still high
  • I have no pre-determined policy path in mind
  • Labour market is loosening but remains tight

This just continues the communique from the BOE after last week’s policy meeting, which reaffirmed that this is no time to pivot just yet.

This article was written by Justin Low at www.forexlive.com. Source