BOE's Saunders: No need for more stimulus, economy doing well

Eren Sengezer FXStreet

Speaking at the Federation of Small Business, in London, BOE MPC Member Michael Saunders argued that the cost of hiking the rates too late would be the same as hiking them too early. He also added that it would not be appropriate to add more stimulus right now with record employment and the economy was doing well.

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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