BOE MPC member Vlieghe speaking to Bloomberg 6 April
- sees no evidence that low unemployment is boosting wage growth
- retail sales have really turned down
- consumer credit growth has lost some pace
- other indicators have also
- agrees with MPC view in BOE Inflation Report that a reasonable central projection is that interest rates move up a little in the next few years
Mostly dovish tones again from Vlieghe but nothing we didn't already know and GBP pairs suitably unfazed.
Note: On closer inspection the comments/headlines just out, as if new, are from an interview conducted yesterday.
Ryan had more from Vlieghe yesterday here.
GBPUSD currently going nowhere fast at 1.2487
BOE's Vlieghe - No rush to hike rates
