BoE’s Haldane warns against ‘complacency’ on inflation

Andy Haldane
Andy Haldane
Bank of England

Bank of England chief economist Andy Haldane has warned central banks may be complacent about the risk of inflation overshooting their targets.

“For me, there is a tangible risk that inflation proves more difficult to tame, requiring monetary policy-makers to act more assertively than is currently priced into financial markets,” Haldane said in a pre-recorded speech today (February 26).

The BoE’s central forecast projects inflation will rise to the 2% target around the middle of the year. But

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