He said “growth is slowing quite sharply now, in part because of the rises in interest rates last year. That in itself might justify a progressive shift in policy – from restrictive to a more neutral stance. And the case for easing has been greatly strengthened by the disruption in global credit markets and in our own banking system which brings a risk of a deeper downturn.”
Published on 17 January 2008
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Minutes of the Wholesale Distribution Steering...
Minutes of the Wholesale Distribution Steering Group - September 2019
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