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BoE’s Haskel says he wants to keep interest rates on hold

2024.07.08 07:37

LONDON (Reuters) – Bank of England policymaker Jonathan Haskel said he wanted to keep interest rates on hold as inflation pressures remained in the jobs market.

© Reuters. FILE PHOTO: Jonathan Haskel, Bank of England Monetary Policy Committee member, gestures during an interview with Reuters at the Bank of England in London, Britain, February 8, 2024. REUTERS/Toby Melville/File Photo

“The labour market continues to be tight, and I worry it is still impaired,” Haskel said in the text of a speech he is due to deliver later on Monday.

“I would rather hold rates until there is more certainty that underlying inflationary pressures have subsided sustainably.”



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