11 May 2017
BoE's Broadbent: BoE forecasts ‘are not that strong’
Bank of England (BOE) policymaker Broadbent is crossing the wires, via Reuters, suggesting that the recent forecasts of the Bank of England were not strong.
Key quotes (via Reuters):
- Labour market tightness ‘means something for future wage growth’
- Squeeze caused by rising import prices won't last forever