Bank of England Deputy Governor Dave Ramsden in an interview over the weekend
Sunday Times newspaper reported:
- "There does seem to me more impetus on wages
- We all will keep a close eye on what happens through the early part of this year to see if that (BoE) forecast of wage growth picking up to 3 percent is realised.
- But certainly relative to where I was, I see the case for rates rising somewhat sooner rather than somewhat later."
Ramsden was one of two members on the bank's MPC to vote against the November (2017) rate rise. This will be perceived as a turn around in view from him.
The Times is gated, Reuters have an ungated piece up though
Dave belted out "These Boots were make for Hikin' " at the recent ForexLive karaoke night - what a hoot that was!
