BoE's Ramsden says if there is another Brexit extension, sees less of a case for more policy accommodation

Author: Eamonn Sheridan | Category: Central Banks

Ramsden is a member of the Bank of England Deputy Governor Monetary Policy Committee

The UK Telegraph with his comments.
  • in case of a temporary Brexit extension he sees less of a case for a more accommodative monetary position
  • company wage costs are picking up quite significantly - will drive domestic inflation pressure
  • thinks spare capacity in UK economy might not have opened up that much despite weakness in underlying growth

Ramsden is a member of the Bank of England Deputy Governor Monetary Policy Committee
An noted in prior posts, GBP lower to open the week here in early trading, circa 1.2610 GBPUSD
  

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