BoE's Fisher says falling unemployment needn't mean rate rises
Paul Fisher, the Bank of England executive director for markets and member of the monetary policy committee (MPC), said in a speech at the State Street Global Advisors London Pensions and Investments Breakfast Briefing today that he sees "no immediate need for a tightening of policy".
Despite unemployment falling "unusually precipitously" since the introduction of forward guidance last year, Fisher said to see rising living standards on average, it is crucial to see rising productivity, "which
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