BOE’s Vlieghe: When tightening becomes appropriate, I suspect not much of it will be needed 0 (0)

Remarks by BOE policymaker, Gertjan Vlieghe
– Thinks it will remain appropriate to keep current stimulus in place for several quarters at least, and probably longer
This doesn’t exactly scream much of a hawkish tilt and this just means that we’ll likely get more of the same from the BOE going into the August meeting next week.

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US reportedly says that talks with China saw a „healthy, professional“ exchange of views 0 (0)

Reuters reports, citing senior US administration officials on the matter
As mentioned earlier in the day, don’t expect much from the talks here in Tianjin. They are merely for the optics and won’t change how things are developing between the two countries given the fact that the officials in attendance aren’t the major „generals“.

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