BOE’s Vlieghe Says Post-Brexit U.K. Needs Range of Stimulus

  • MPC can ‘look through’ higher inflation, Vlieghe says in FT
  • Policy makers have signaled they’ll probably ease on Aug. 4

Gertjan Vlieghe

Source: Bank of England

Gertjan Vlieghe, who was alone in voting for an interest-rate cut at the latest Bank of England meeting, said the U.K. needs a range of stimulus to combat the impact of its decision to quit the European Union.

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