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Incoming BoE rate-setter Haskel says agrees with thrust of rates guidance

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Reuters LONDON
Last Updated : Jun 26 2018 | 3:56 PM IST

LONDON (Reuters) - Incoming Bank of England rate-setter Jonathan Haskel said on Tuesday he agreed with the thrust of the central bank's guidance that interest rates were likely to rise.

Haskel, a professor of economics at Imperial College Business School in London, said it was premature to express a firm view on the path for rates as he did not yet have access to the BoE's analysis.

"At this stage, I would merely say that given current conditions and current economic data, I agree with the broad direction of travel," Haskel said in a written statement to lawmakers ahead of an appointment hearing.

(Reporting by Andy Bruce; editing by John Stonestreet)

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First Published: Jun 26 2018 | 3:46 PM IST

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