BOE’s Pill: There is a danger of over-steering on rates, given lags in transmission

February 9, 2023
Posted by: AliensFaith
Category: OBJECTIVE PRESS

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We have to be prepared to see through policy tightening
Need to address potential upside risks to inflation

The change in language by the BOE last week reaffirms the headline comment, so there isn’t much of anything new. There will be more rate hikes to follow by the central bank but in all likelihood, we are to see a 25 bps increment next.

This article was written by Justin Low at http://www.forexlive.com.

Author: AliensFaith

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.

BOE’s Pill: There is a danger of over-steering on rates, given lags in transmission

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