Last quote by Andrew Sentance
The MPC will probably regret not having acted earlier as the pound continues to weaken and inflation surges.
Andrew Sentance has most recently been quoted in an article called Brexit economy: UK faces squeeze on living standards. Andrew Sentance said, “I have been arguing for some time that interest rates should be gradually rising. The problem this year is that the slowdown in the economy could make that more difficult, even though it would be the right policy.”. Andrew Sentance has been quoted a grand total of 6 times in 5 articles.
Quotes by Andrew Sentance
Mar 24 2017
I have been arguing for some time that interest rates should be gradually rising. The problem this year is that the slowdown in the economy could make that more difficult, even though it would be the right policy.
Mar 18 2017
We need people from a solid UK business background with experience and understanding of the UK economy. I think we have to get back to basics here in the UK after the Brexit vote and get good UK business economists, of which there are plenty, but not many have been appointed to the MPC recently to exercise their judgement.
Oct 28 2016
In isolation this wouldn't be a big issue, but this could be the start of a slippery slope where the government gets much more drawn into individual deals and negotiations than historically they have.
Apr 08 2016
This cut in interest rates was widely expected, but it is really a token gesture which is unlikely to help the economy much in the current situation. Savings rates are already near-zero and borrowing costs for business and homeowners are extremely low.
Apr 08 2016
The pound could well weaken further, adding to inflation and business costs. The margin banks earn on their lending is likely to be squeezed, creating new pressures in the financial system.
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