Bank of England (BoE) policymaker Jonathan Haskel said that he is encouraged by signals that Britain's inflation pressures might be on the wane, but he would need further evidence of a slowdown before altering his view, per Reuters.
Key quotes
"I'm not going to apologize for banging on about persistence because I think we're right to.”
"The signs that we've seen thus far are encouraging. I don't think we've seen quite enough signs yet.”
"But if we accumulate more evidence on persistence, then by the very logic I've just set out, I'd be happy to change my vote.”
"To wait a bit longer to accumulate more evidence on that persistence.”
"I can't really say how many months I want to see. But again, it's the stress on trying to look at these underlying indicators.”
"I guess the second thing is it's been a turbulent six years and a lot of ups and downs and Brexit, Liz Truss and all that kind of thing. I've got to say the economy, in some ways, has been amazingly resilient
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