BOE Mann: BOE should hold rates longer to evaluate persistence

BOE Mann (hawk) says:BOE should hold rates longer to evaluate processesCan make larger changes when justified by evidenceWaiting for changing underlying inflation dynamics.I'm still saying a tremendous amount of persistence.100 basis points of cuts to aggressive for me This article was written by Greg Michalowski at www.forexlive.com.

BOE Mann: BOE should hold rates longer to evaluate persistence

BOE Mann (hawk) says:

  • BOE should hold rates longer to evaluate processes
  • Can make larger changes when justified by evidence
  • Waiting for changing underlying inflation dynamics.
  • I'm still saying a tremendous amount of persistence.
  • 100 basis points of cuts to aggressive for me
This article was written by Greg Michalowski at www.forexlive.com.