Former UK MPC member says UK growth at escape velocity

Author: Ryan Littlestone | Category: Central Banks

Dame Deanne Julius speaking in London

  • More UK monetary stimulus not needed

She noted that

We are at a rate of growth that’s probably close to trend rate after a long period of bouncing along the bottom

It’s sustainable. I don’t think it’s particularly balanced

On QE she said

The question is how and when we unwind it

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