BOE's Tenreyro says GBP depreciation has created stronger inflation and weak demand - ConsultFX

BOE's Tenreyro says GBP depreciation has created stronger inflation and weak demand

BOE MPC  new member Silvana Tenreyro testifying to the TSC 17 Oct - my vote will depend on incoming data - wage growth has been very very weak - most measures of domestically generated UK inflation have been below target-consistent levels The second of the MPC newbies up before the Treasury Select Committee this morning and struggling tbh Copyright 2015 Forexlive.com