Tag "vlieghe"


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BoE’s Gertjan Vlieghe View On U.K Interest Rate

BoE’s Gertjan Vlieghe View On U.K Interest Rate

🕔November 28, 2016
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The highly uncertain outlook for Britain’s economy as the country prepares to leave the European Union means the Bank of England should keep interest rates on hold, one of the bank’s top policymakers said on Monday.

Gertjan Vlieghe, one of the strongest advocates for Bank of England stimulus in the aftermath of June’s Brexit vote, said upside or downside surprises in Britain’s economy need not prompt automatic changes in British monetary policy.

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