Bank of England MPC's range of views maybe no wider than normal according to Saunders
The range of views about interest rates among members of the Bank of England’s Monetary Policy Committee may be no wider than usual
BoE policymaker Michael Saunders speak to reporters and revelaed this earlier.
Financial markets scaled back bets that the BoE will raise rates after its next meeting in May, following remarks from BoE Governor Mark Carney late on Thursday when he said recent data had been “mixed”, and noted a range of views among officials.
“I don’t know if there is a greater range of views on the MPC at the moment,” Saunders told reporters after giving a speech at the University of Strathclyde.
Asked about the change in market expectations, he was reluctant to be drawn.
“I would give a ‘no comment’ on whether or not market probabilities of this meeting or that meeting are too high or too low ... I’m not trying to steer markets that finely,” he said. “As for the next one ... ‘wait and see’, I thought that’s what Mark (Carney) was saying.”
Published: by Radio NewsHub