BOE’s Cunliffe: UK inflation to peak in Q4 this year

Dhwani Mehta FXStreet

Comments crossing the wires from the Bank of England (BOE) Deputy Governor, Financial Stability, Sir Jon Cunliffe, as he testifies before the Treasury Select Committee (TSC) Hearing on November Inflation Report.

Key Headlines:

The UK inflation to peak in Q4 this year.

Inflation has been a bit lower than BOE f/c in the Autumn.

Wants to wait before tightening policy further until there is clear evidence of wage growth.

My policy decision does not anticipate any particular Brexit outcome.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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