Haldane says MPC faces ‘corridor of uncertainty'
The UK economy could currently go either way, Bank of England chief economist says
The UK economy is currently travelling at pace down a ‘corridor of uncertainty' meaning the Bank of England's monetary policy committee does not know whether to play it "off the front foot" – that is, ‘hawkishly' – or "the back foot", or ‘dovishly', according to Andy Haldane, the bank's newly installed chief economist.
Relying heavily on cricketing metaphors in a manner that recalled the bank's cricket-loving last governor, Mervyn King, Haldane described the corridor of uncertainty as being
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