Jonathan Haskel, a member of the Monetary Policy Committee (MPC) of the Bank of England (BoE), said on Friday that risks to activity remain skewed to the downside, as reported by Reuters. Additional takeaways “Remain open to the possibility that the economy might need further support to return inflation to the target.” “Ready to deploy, as and when needed, all the tools available to the MPC.” “Prudent for banks to start preparations for negative rates regardless of the currently desired policy stance.” “Seeing a relatively little risk of sustained above-target inflation over the next couple of years.” “My views on the supply outlook are balanced.” Market reaction The GBP/USD pair showed no immediate reaction to these remarks and was last seen losing 0.35% on a daily basis at 1.3847. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Polkadot Price Forecast: DOT must reclaim key level for a chance to see new all-time highs FX Street 1 year Jonathan Haskel, a member of the Monetary Policy Committee (MPC) of the Bank of England (BoE), said on Friday that risks to activity remain skewed to the downside, as reported by Reuters. Additional takeaways "Remain open to the possibility that the economy might need further support to return inflation to the target." "Ready to deploy, as and when needed, all the tools available to the MPC." "Prudent for banks to start preparations for negative rates regardless of the currently desired policy stance." "Seeing a relatively little risk of sustained above-target inflation over the next couple of years." "My views on… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
