Why raise rates? Why “Limited and Gradual”? - speech by Michael Saunders

Given at the Fraser of Allander Institute, University of Strathclyde, Glasgow.
Published on 20 April 2018

In this speech, Michael explains his recent decision to vote for a 25bp rate hike. He also discusses why any further tightening is likely to be at a gradual pace and to a limited extent.

PDFWhy raise rates? Why “Limited and Gradual”?

Michael Saunder's biography

Michael Saunders

Member of the Monetary Policy Committee from 2016 to 2022

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