BoE Nickell: HICP will not affect monetary policy

Speaking on September 16 Bank of England Monetary Policy Committee member Stephen Nickell said the move to the HICP measure of inflation later this year would have little noticeable difference in the short run and in the long run the stance of monetary policy would be unaffected.

Source: AFX UK

"We note that in the long run, the stance of monetary policy would be unaffected and even in the short run there would be little noticeable difference," Stephen Nickell said in a speech to be delivered here

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