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Speech 07/10 by B of E MPC Member
big_vern
Posts: 13 Forumite
https://www.bankofengland.co.uk/-/media/boe/files/speech/2022/october/dave-ramsden-securities-industry-conference.pdf?la=en&hash=6305ED9CBDC5519AE9DC4DD7A540F85F0D649A49
thought it may be of interest to people researching on what to do next as it gives an insight into his through process.
""Along with two of my MPC colleagues I voted for a larger 0.75% increase in Bank Rate, to 2.5% at the September 2022 meeting. At the time the three of us highlighted that the recent data outturns had already registered more persistent inflationary pressures and that medium-term measures of inflation expectations remained high""
(he was outvoted)
thought it may be of interest to people researching on what to do next as it gives an insight into his through process.
""Along with two of my MPC colleagues I voted for a larger 0.75% increase in Bank Rate, to 2.5% at the September 2022 meeting. At the time the three of us highlighted that the recent data outturns had already registered more persistent inflationary pressures and that medium-term measures of inflation expectations remained high""
(he was outvoted)
0
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