The monetary policy is already 'sufficiently restrictive,' Bank of England (BoE) policymaker Swati Dhingra said during the Monetary Policy Hearings be
policymaker Swati Dhingra said during the Monetary Policy Hearings before the UK Treasury Select Committee on Wednesday, per Reuters."Domestic factors are likely to continue to ease the pressure on CPI inflation.""Labour market continues to ease as MPC's recent hiking cycle takes effect with a lag."
"A deferred pass-through of level changes to wages would not necessarily pose a risk to our target in the medium term." If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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