BoE’s Carney: MPC has been clear that its tolerance for above-target inflation is limited
|Key highlights from the Bank of England Governor Mark Carney's remarks & slides at a policy panel on investment and growth in advance Economics, Sintra.
- Partial withdrawal of monetary stimulus likely to become necessary if the trade-off continues to lessen
- MPC has been clear that its tolerance for above-target inflation is limited
- Any inflation overshoot above target can only be temporary in nature and limited in scope
- All on MPC expect that any changes would be limited in scope and gradual in pace
- Different members of the MPC have different views about the outlook
More about the ECB forum
The ECB Forum on Central Banking offers a forum for open discussion among central bank governors, academics, specialised journalists and high-level financial market representatives. The theme for 2017 is investment and growth in advanced economies.
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