Suren Thiru


Last quote by Suren Thiru

While still high by historic standards, the easing in a number of indicators of pricing pressures since the start of the year suggests that inflation will peak sooner rather than later, possibly by the end of the year. Against this backdrop, it seems extraordinary that the Bank of England is considering raising interest rates. With UK economic conditions softening and continued uncertainty over Brexit, it is vital that the MPC [Monetary Policy Committee] provides monetary
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Oct 12 2017 Brexit
This page is completely dedicated to what Suren Thiru has to say. All of Suren Thiru’s quotes are organized here by date and topic. The most recent quote attributed to Suren Thiru came from an article called UK economy 'treading water' as eurozone stretches ahead, says BCC: “The changes to our growth forecast suggest that the UK economy is likely to remain on a low-growth trajectory. It is increasingly clear that the post-EU referendum slide in the value of sterling has done more harm than good. Inflation is being driven by the sizable increases in the cost of imported raw materials over the past year, and is expected to remain a drag on consumer spending over the near term, with pay growth not expected to outpace price growth until 2019.”.
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