BoE's Ramsden
- Says cumulative evidence of 'material loosening' in labor market has influenced him
- Says he attaches more weight to downside risks to inflation in medium term
- June decision was a finely balanced judgement for him
- Vacancies to employment has come down 'significantly' due to lower vacancies
- Even at 4% mon pol would remain clearly in restrictive territory
Positive words for those looking for cuts.
