The Bank of England chief economist Andy Haldane is delivering his prepared remarks at the Academy of Social Sciences Annual Lecture, in London, with key quotes, via Reuters, found below.
- Would have raised rates in May had data held firm.
- Lifting public pay cap for health workers could have knock-on effects in private sector.
- Voting for 25 bps rate hike Hardly either surprising or radical.
- 25 bps rate hike would still leave UK monetary conditions extraordinarily accommodative historically.