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 (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