Bank of England's Saunders says not decided on policy vote in November, depends on data

Bank of England's Saunders says not decided on policy vote in November, depends on data
 

New Bank of England rate-setter Michael Saunders said on Tuesday he had not decided how he will vote in November's policy meeting, citing competing signs of slack and growth in the economy.
Saunders voted to keep interest rates unchanged at a record-low 0.25 percent last month, at his first Monetary Policy Committee meeting since joining the BoE from U.S. bank Citi, where he worked as its chief UK economist.
Britain's economy will likely "not be too bad" in the year ahead, barring a sharp rise in Brexit-related uncertainty, Saunders said in his maiden speech, due to be delivered... read more

 
4 October 2016 in Business, Views: 36
Source: Reuters
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