IMF Endorses U.K. Monetary Policy 


The IMF called on the Bank of England to maintain an expansionary monetary policy until the outlook for inflation improves. The Fund stated that an “accommodative monetary policy is appropriate for now, given weak inflation pressures” and added that “policy might need to be adjusted quickly if inflation takes off.”



BoE Governor Mark Carney has recently announced that “when we do begin to see increases in interest rates, they will be gradual and they will be limited.”
http://tiny.cc/b8ysjx

IMF Endorses U.K. Monetary Policy 

The IMF called on the Bank of England to maintain an expansionary monetary policy until the outlook for inflation improves. The Fund stated that an “accommodative monetary policy is appropriate for now, given weak inflation pressures” and added that “policy might need to be adjusted quickly if inflation takes off.”

BoE Governor Mark Carney has recently announced that “when we do begin to see increases in interest rates, they will be gradual and they will be limited.”

http://tiny.cc/b8ysjx

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