BOE's Cunliffe spoke earlier today
Whenever a central banker speaks in region where they're hiking rates, it's almost required for them to add in a line saying hikes will be limited and gradual. That's exactly what the BOE's Cunliffe said today in an otherwise uneventful speech.
- BOE should monitor home lending closely
- BOE hasn't seen fall in home lending standards
- Buy-to-let could amplify shocks to UK housing
- Credit beginning to grow again in UK
He was speaking in Geneva.
