Andrew Sentance - PricewaterhouseCoopers


Last quote by Andrew Sentance

[A rate hike] should be seen as a positive development, reflecting the resilience of the economy. A quarter-point rise in the Bank rate would only take it back to the 0.5% level which was set from 2009 to 2016 – and is most unlikely to derail the economic
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Sep 26 2017
Andrew Sentance has most recently been quoted in an article called Carney surprises markets with suggestion Bank of England could raise interest rates this year. Andrew Sentance said, “By continually delaying the first move in this direction, there is an increasing risk that when interest rates do start to rise, it will take consumers and borrowers by surprise - and therefore create a bigger shock to the economy than it needs to be.”. Andrew Sentance has been quoted a grand total of 19 times in 15 articles.
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Andrew Sentance quotes

May 25 2017 - Brexit

Despite this, optimism about global prospects plus a decline in the value of the pound against the euro has helped to push up the UK stock market, with the FTSE 100 hitting a new record high in the middle of last

Apr 21 2017 - Unemployment

These latest retail sales figures show that the post-Brexit surge in consumer spending has come to an abrupt end. It is not surprising to see consumers reining in their spending. Inflation has caught up with pay growth, so real incomes of workers are no longer rising. Employment growth has also slowed sharply over the past six months, even though unemployment remains historically

Mar 24 2017

The MPC will probably regret not having acted earlier as the pound continues to weaken and inflation

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

Mar 18 2017 - Brexit

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

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

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

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

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