FXStreet (Mumbai) - Bank of England (BOE) member Broadbent was on the wires on Thursday stating that he is not surprised that markets pushed back the rate hike timing given the global outlook.
Key Quotes
BOE is "certainly not unconcerned" about emerging market risks
BOE must weigh up "fairly robust" UK recovery against weakness in rest of world
Unit labour cost growth still weak, needs to grow faster than 2% for BOE to hit CPI target
Looking for similar growth in Q3 as in Aug forecasts, will have to wait and see for Q4
Latest manufacturing data and export surveys show "some tailing off"
For more information, read our latest forex news.
No comments:
Post a Comment