ICYMI -BoE chief economist Haldane said recovery so far faster than expected, but ….

Author: Eamonn Sheridan | Category: Central Banks

Chief Economist of the Bank of England, Andy Haldane, spoke on Tuesday.

Reuters have a recap here.

Haldane repeated his view 
  • the recovery so far had been faster than the BoE or any other mainstream economic forecaster had predicted
  • said that there were huge uncertainties about the longer-term outlook
Most specifically, and unsurprisingly, the 'but' in the headline refers to the next wave or waves of coronavirus:
  • "How big will be the second and third and fourth wave peaks? They surely will come,"
  • "What's to play for is how large those peaks will be."
Chief Economist of the Bank of England, Andy Haldane, spoke on Tuesday.

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