BOE's Vlieghe: Data since May has been disappointing, downside risks have intensified
Further comments by BOE's Vlieghe
- Downside risks for the global economy have also intensified
Depends on what sort of data you're looking at as inflation and wages are still holding up relatively well. Other areas in the economy though, have been a bit problematic with the aftereffects of Brexit stockpiling in Q1 starting to rear its ugly head in Q2.