Bank of England Monetary Policy Committee (MPC) member Silvana Tenreyro said on Thursday that she voted to hold rates at the bank's most recent meeting and added she judged that the "tightening already in the pipeline would be sufficient to bring inflation back to, and most likely below, the...
Member of the Bank of England (BoE) Monetary Policy Committee (MPC) Silvana Tenreyro stated on Tuesday that "the high current level" of interest rates might need "an earlier and faster reversal, to avoid a significant inflation undershoot."
"With bank rate moving further into restrictive territory, I...
Bank of England Monetary Policy Committee member Silvana Tenreyro said on Thursday, speaking to the United Kingdom Treasury Select Committee, that "where things stand right now, I would see myself considering a [rate] cut."
Nevertheless, she added that she is unsure "at which meeting I would...
Bank of England Monetary Policy Committee member Silvana Tenreyro shared on Friday, while delivering a speech at the Society of Professional Economists Annual Conference in London, that the United Kingdom and the global economy are facing "extremely challenging times."
Tenreyro...
Bank of England Monetary Policy Committee member Silvana Tenreyro stated on Wednesday, during her address to the Treasury Select Committee, that a more gradual pace of interest rate tightening will help avoid the "risk of overshooting."
Tenreyro cautioned that the central bank "should be...
External Member of the Monetary Policy Committee Silvana Tenreyro stated in a lecture on Wednesday that it is necessary to promote understanding of the tradeoffs needed to adjust a monetary policy to meet a forward-looking inflation target while keeping in check the potential output...
Bank of England's Monetary Policy Committee Member Silvana Tenreyro said on Monday that "monetary policy can do little" to offset some temporary factors that have been pushing CPI inflation above target, such as base effects and the direct impact of energy price rises. "The effects of supply chain...
Raising interest rates to offset surging prices in areas such as semiconductors and energy would be "self-defeating" if the increases turn out to be one-off, Bank of England Monetary Policy Committee member Silvana Tenreyro asserted on Thursday.
"The prices go up, but they don't keep going up...
Bank of England (BoE) officials testified on Wednesday to the Treasury Committee saying that they believe that any potential increases in the country's inflationary levels will be transitory.
BoE Governor Andrew Bailey noted that the central bank doesn't believe inflation will be permanent, blaming the...
Bank of England (BoE) Monetary Policy Committee (MPC) External Member Silvana Tenreyro stressed on Friday fiscal policy had "played the primary role in most advanced economies in limiting the economic impact of COVID."
Tenreyro remarked policymakers used "all the tools at their disposal" to...
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