Bank of England’s Minouche Shafik speaks in London
– Won’t vote for a hike until convinced wage growth will be sustained at a level consistent with inflation target
A mix of messages really. The headline is dovish but is countered somewhat by the second comment. The pound doesn’t like the message either way from someone who started life on the MPC with a more hawkish tone
BOE’s Shafik: Not yet convinced wage growth is at a sustainable level – Livesquawk
