Economics
BOE’s Haldane Sees Risk of Central Bank Complacency on Inflation
- Bonds and pound fall after the remarks, adding fuel to a rout
- Chief economist’s view diverges from the consensus on the MPC
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Bank of England Chief Economist Andy Haldane said he sees a risk of U.K. inflation accelerating more than expected, warning fellow central bankers against being too relaxed about taming the rise in consumer prices.
“For me, there is a tangible risk inflation proves more difficult to tame, requiring monetary policy makers to act more assertively than is currently priced into financial markets,” Haldane said in a speech released on Friday.