BoE’s McCafferty: Cannot say when future rate hikes could come

Eren Sengezer FXStreet

Speaking on the LBC radio, BoE policymaker Ian McCafferty said that he couldn't say when future rate hikes would come.

Key quotes (via LiveSquawk)

Expect banks to pass on rate rise over fullness of time.

Yield curve has moved relative to September.

UK economy uncertain in terms of Brexit, other factors.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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