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Bank of England (BoE) Monetary Policy Committee (MPC) appointee Megan Greene said on Tuesday, “it is important not to allow inflation expectations to become de-anchored.”
My current out-of-consensus call is on China's recovery, not the UK.
Expect Chinese recovery to be consumption-led, not investment-led, will exceed 5% growth target.
Chinese recovery to be driven by domestic services, not importing goods.
Judgement more important for boe forecasting, relative to models, during current uncertain environment.
If you engage in stop-start monetary policy, can end up with worse outcome.
Important not to allow inflation expectations to become de-anchored.
风险提示:本文所述仅代表作者个人观点,不代表 Followme 的官方立场。Followme 不对内容的准确性、完整性或可靠性作出任何保证,对于基于该内容所采取的任何行为,不承担任何责任,除非另有书面明确说明。

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