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Saunders due up in 10 minutes

BOE

Just a heads up that the highlight of the day from the UK perspective will be the speech from MPC member Saunders speech due to begin in 10 minutes (at 11:00BST) entitled "The Inflation Outlook".

  • This will add to colour from Cunliffe and Ramsden yesterday who both seemed to still think inflation is transitory but to be a bit more alert to the risks given the higher print seen yesterday.
  • The market will be watching this closely ahead of next month's MPR and to see whether Saunders moves a bit more in a hawkish direction too.

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