BOE’s Ramsden: Key indicators of inflation persistence remain elevated

  • I support the more-balanced outlook on risks to inflation set out in the MPC’s latest forecast
  • I am looking for more evidence about how entrenched this persistence will be and therefore about how long the current level of bank rate will need to be maintained

Ramsden is a hawk.

This article was written by Adam Button at www.forexlive.com. Source