BoE's Vlieghe: Wants to see stronger wage growth before a rate hike

Comments from the Bank of England’s Monetary Policy Committee (MPC) member Jan Vlieghe

– "I am relaxed about waiting a little longer before we

start" (raising interest rates)

Also … Vlieghe said the impact (tightening effect) on policy

from a strong sterling exchange rate has been ‘huge’. That is, the impact of higher GBP doing the job of tightening has been significant.

sumber: