BOE's Tenreyro: We will assess vaccine news in next forecasts

Comments from the BOE MPC member

  • Some households may delay spending until vaccines reduce health risks
  • Expects most economic boost from vaccines not to come until vaccines widely rolled out
  • Sees some reduction in uncertainty helping businesses due to vaccine
  • Expects pick-up in activity to reverse due to November lockdown
  • My most recent vote for more QE sought to guard against market dysfunction
Comments from the BOE MPC member

Best in 2026

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