HomeForex UpdatesBoE Capsule: We want flexibility on charges in line with cirumstances

BoE Capsule: We want flexibility on charges in line with cirumstances

BoE Chief Economist Huw Capsule advised Bloomberg Tv, the BoE isn’t “behind the curve” on tightening.

However he added that traders mustn’t assume there will likely be one other 50bps fee hike in September. “Given the uncertainties we face, I believe we’d like flexibility both to go additional, or to remain the place we’re, and the tempo at which we go additional to be diversified in line with circumstances,” he mentioned.

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