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Tuesday, April 4, 2023

Fundamental: BOE’s Tenreyro: Rates Should Fall to Stop Inflation Undershoot

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Alert Alert Apr 5, 2023, 1:19am
 
Fundamental: BOE's Tenreyro: Rates Should Fall to Stop Inflation Undershoot
The Bank of England policy maker Silvana Tenreyro set out a case for interest rate reductions, saying an "earlier and faster reversal" of recent hikes is likely to keep inflation from falling well below target. The central bank's most dovish policy maker warned that the UK is facing a "significant inflation undershoot" after the BOE boosted its key lending ...
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