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Haskel seems less hawkish than 3 members last week


Haskel seems to be less hawkish than the three members last week. The key part of the speech seems to be: "The anticipation of an improved future might well feed into demand today and so add to inflationary pressure. But much of inflation will be high temporarily due to the low base from which prices are rising. In addition the economy is fully not recovered yet and faces two headwinds over the coming months: the highly transmissible Delta variant and a tightening of the fiscal stance. Against this backdrop, risk-management considerations lean against a pre-emptive tightening of monetary policy until we can be more sure the economy is recovering in a manner consistent with the sustained achievement of the inflation target. For now, tight policy is not the right policy"

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