BoE's Haskel still sees role for "forceful" action on rates

Kitco Media
By Reuters
Published:
Updated:
Reuters
LONDON, Feb 9 (Reuters) - Bank of England rate-setter Jonathan Haskel said on Thursday he still saw a role for "forceful action" if inflation stays persistent, language that the Monetary Policy Committee as a whole dropped last week. "Economic theory suggests that uncertainty around the persistence of inflation should be met with more forceful action," Haskel said in his annual report to parliament. "(So) I shall remain alert to indications that inflation is more persistent than we expected, and act forcefully if necessary."
(Reporting by Andy Bruce Editing by William Schomberg)

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