BOE’s Vlieghe: Appropriate time for rate hike might be as early as in the coming months

Dhwani Mehta FXStreet

Bank of England (BOE) Policymaker Gertjan Vlieghe is on the wires now, via Reuters, making a scheduled speech on ‘Real Interest Rates And Risk’.

Key Headlines:

We are approaching the moment when bank rate may need to rise

Appropriate time for a rise in bank rate might be as early as in the coming months

Wage growth is not as weak as it was earlier in the year

Some pay-related surveys also suggest a modest rise in wage pressure in recent months

If near-term Labour market trends continue, expect upward pressure on medium-term inflation

There are some early signs of stronger consumption growth in Q3

Equilibrium real interest rate up from the very low levels in the post-crisis period

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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