Free Trial

MNI PODCAST: FedSpeak - Buiter Sees UK Rates As High As 6%

(MNI) WASHINGTON
EXECUTIVE SUMMARY
  • The BOE may have to hike rates to as high as 6%, ex-MPC member Willem Buiter told MNI.
  • "The 10.1% headline inflation rate and even core inflation of 6.5% is calling out loudly for higher rates.”
  • Financial stability tumult may yet force additional BOE intervention, he said.
  • The Fed also has a long way to go before it's done raising interest rates, said Buiter.
MNI Washington Bureau | +1 202 371 2121 | pedro.dacosta@marketnews.com
MNI Washington Bureau | +1 202 371 2121 | pedro.dacosta@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.