BoE’s Ramsden says if there is another Brexit extension, sees a case for more policy accommodation

  


Ramsden is a member of the Bank of England Deputy Governor Monetary Policy Committee

The UK Telegraph with his comments.

  • in case of a temporary Brexit extension he sees a case for a more accommodative monetary position
  • company wage costs are picking up quite significantly – will drive domestic inflation pressure
  • thinks spare capacity in UK economy might not have opened up that much despite weakness in underlying growth

Ramsden is a member of the Bank of England Deputy Governor Monetary Policy Committee

An noted in prior posts, GBP lower to open the week here in early trading, circa 1.2610 GBPUSD



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