Thursday, September 24, 2015

Not surprised markets pushed back rate hike timing – BOE’s Broadbent

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