Capital Economics Sees BOE on Hold Amid Sticky Inflation
Jennifer McKeown, chief global economist at Capital Economics, discusses the outlook for BOE policy after UK inflation held at the highest level in more than 1 1/2 years in August, another uncomfortable reading that is likely to keep officials wary over cutting interest rates further.
Jennifer McKeown, chief global economist at Capital Economics, discusses the outlook for BOE policy after UK inflation held at the highest level in more than 1 1/2 years in August, another uncomfortable reading that is likely to keep officials wary over cutting interest rates further. “There may be a case also for waiting for the budget, from the Bank of England’s perspective, to see what’s coming there and whether that might have further inflationary implications,”...