Remarks by BOE policymaker, Ben Broadbent
- Penalties on consumption when it comes to value pressures are most likely restricted
- Count on unemployment to rise as soon as furlough scheme is wound down
- Unemployment would be the better of measure of slack within the financial system
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The headline comment is attention-grabbing however until inflation is on a sustainable restoration path, it nonetheless would not do the BOE a lot good to think about a change from its present coverage stance.