LONDON (Reuters) - Incoming Bank of England rate-setter Jonathan Haskel said on Tuesday he agreed with the thrust of the central bank's guidance that interest rates were likely to rise.
Haskel, a professor of economics at Imperial College Business School in London, said it was premature to express a firm view on the path for rates as he did not yet have access to the BoE's analysis.
"At this stage, I would merely say that given current conditions and current economic data, I agree with the broad direction of travel," Haskel said in a written statement to lawmakers ahead of an appointment hearing.
(Reporting by Andy Bruce; editing by John Stonestreet)
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app