LONDON (Reuters) – Bank of England rate-setter Jonathan Haskel said on Thursday he still saw a role for “forceful action” if inflation stays persistent, language that the Monetary Policy Committee as a whole dropped last week.
“Economic theory suggests that uncertainty around the persistence of inflation should be met with more forceful action,” Haskel said in his annual report to parliament.
“(So) I shall remain alert to indications that inflation is more persistent than we expected, and act forcefully if necessary.”
(Reporting by Andy Bruce; Editing by William Schomberg)
