Bank of England headline in the UK Times
McCafferty is a hawkish dissenter, still that's a good headline!
I sent it out on the Twitter a while ago:
McCafferty, one of three rate-setters who voted for an increase but month. said that the Bank ought to review its policy of leaving QE unchanged until interest rates are dose to 2 per cent.
In an interview with The Times, he also said that he was minded to vote for a quarter-point rate rise again next month in a sign that the monetary policy committee will remain divided.
more to come
