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BOE's Weale says they could cut rates and re-start QE if needed

Martin Weale speaking in Nottingham

  • Next rate move likely to be up
  • Unit wages costs could be stronger than the data suggests
  • Zero inflation hasn't seemed to have damped wage growth
  • BOE could expand asset purchases and cut rates if needed
  • Sees scope for the BOE to buy private sector assets if needed

One of the big hawks offers a couple of dovish remarks that are ignored by the pound in favour of the hawkish ones.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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