Zero inflation doesn’t influence my vote – BOE’s McCafferty

FXStreet (Mumbai) - BOE’s McCafferty was back on wires assuring markets that his vote (in favour of rate hike) would not change due to the headline consumer price index (CPI) at zero levels.

Key Quotes

“Easy to overstate China impact on UK, confidence remains robust to turmoil”

“BOE's Nov forecasts to include global slowdown”

“Global risks to UK haven't crystallized, market has over reacted to changing outlook”