Gertjan Vlieghe - Bank of England

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Last quote by Gertjan Vlieghe

I note that the deleveraging trend since 2010 seems to have come to an end, or at least a pause. That may be telling us that equilibrium real [interest] rates are now rising slightly, although other drivers of low real rates do not show any signs of turning yet.feedback
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Sep 15 2017
Find all of Gertjan Vlieghe’s quotes that have been published in 6 different articles on this page. Gertjan Vlieghe’s quotes are organized by date and topic, making it easy for you to compare, for example, what Gertjan Vlieghe has said both recently, and in the past, on a variety of topics. Some of the topics Gertjan Vlieghe likes to comment on include rate and tightening. Most recently, Gertjan Vlieghe said, “Wage growth is not as weak as it was earlier in the year: over the past five months, annualised growth in private sector pay has averaged just over 3pc. And some pay-related surveys also suggest a modest rise in wage pressure in recent months. If these near-term labour market trends continue, I would expect this to lead to somewhat more upward pressure on medium-term inflation.”.
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