BOE’s Ramsden: We’re not there yet in terms of having to tighten policy further

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I think there are upside risks on inflation in the medium-termSupportive of forward guidance that there may well need to be further tightening in the coming monthsIt is fitting with what they have laid out last week but their forecasts on the economic outlook sort of undermines their message on tighter policy. I don’t know. The BOE sounded extremely confident at the start of the cycle but has toned that down significantly in the past few months. In case you missed the May meeting decision, it can be found here.      



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HighTech FinTech researcher, university lecturer & Scholar. He is studying his second doctoral degree at the Hague International University. Studying different fields of Sciences gave him a broad understanding of various aspects of life. His recent researches covered AI, Machine-learning & Automation concepts. The Information Technology Skills & Knowledge gave his company a higher position over other regional high-tech consultancy services. The other qualities and activities which can describe him are a Hobbyist Programmer, Achiever, Strategic Thinker, Futuristic person, and Frequent Traveler.

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