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

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

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