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BoE's Lombardelli says she thinks there could be less slack in the UK economy vs the BoE's central view, at 0-1% vs 1%
ORIGINAL · NewsquawkBoE's Lombardelli says she thinks there could be less slack in the UK economy vs the BoE's central view, at 0-1% vs 1%Read originalHide original
Hard to determine if the UK economy is more resilient to price shocks, or if the absorption limit is being approached. Policy has been less restrictive than thought, due to economic resilience.
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Lombardelli sees possible UK economic slack below the BoE’s central view; the report says resilience’s implications for price-shock absorption remain uncertain.
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Hard to determine if the UK economy is more resilient to price shocks, or if the absorption limit is being approached. Policy has been less restrictive than thought, due to economic resilience.
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