Monetary Policy Committee members warning of rate hikes to come.
- deputy governor, Ben Broadbent
- chief economist, Andy Haldane
- external member of the MPC Michael Saunders
Justin had comments from some of them overnight:
- BOE's Broadbent: Can't say which way rates will go if no-deal Brexit happens
- BOE's Saunders: Monetary policy implications from no-deal Brexit could go either way
- BOE's Vlieghe: Data since May has been disappointing, downside risks have intensified
- BOE's Saunders: UK could see more rate hikes if Brexit is smooth
Do note none of the rate hike thoughts are for the coming meeting (next week), or indeed for any in the near future.
Note also in the bullets above not all members are on board (Vlieghe).
