BoE’s Haskel defends focus on inflation persistence without regret

BoE MPC member Jonathan Haskel emphasized the importance of caution when interpreting UK’s recent decline in headline inflation to 4% in December. While acknowledging this positive trend, he stressed the necessity of focusing on more enduring aspects of inflation. “I’m not going to apologize for banging on about persistence because I think we’re right to,” […]

The post BoE’s Haskel defends focus on inflation persistence without regret appeared first on Action Forex.