BoE' s Vlieghe: premature interest rate hike would be a mistake - UOB

Analysts at UOB Group noted BOE’s policy maker Gertjan Vlieghe, in an interview with Independent newspaper said a premature interest rate hike would be a bigger mistake than one which is slightly late. 

Key Quotes:

"He said his views haven’t changed, consumption slowdown is not over and doesn’t think investment and net exports can compensate."

"He cited inflation as “uncomfortably high”, but “ultimately temporary”."