Vlieghe to vote for rate cut if no economic revival


LONDON: Bank of England (BoE) policy maker Gertjan Vlieghe (pic) said he will vote for an interest rate cut this month if there are no signs of economic improvement after the general election, the Financial Times reported.

Data to be published later this month will provide more clarity as to “how people are responding” after the UK polls, he was cited as saying in an interview with the paper. The BoE’s next rate decision is on Jan 30.

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