BOE’s Vlieghe: GBP prices are expected to stay where they are
The BOE MPC member, Vlieghe, is reported as saying that the UK’s inflation is likely to peak now if oil and GBP prices are expected to stay where they are, during his testimony before the TSC on November inflation report.
Firms starting to pay a little more attention to recruitment difficulties.
Outlook is consistent with modest tightening.
“If you wait until all the signs line up to support a rate rise, you will almost certainly be too late.”