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Mismatch - Speech By Ben Broadbent, Bank Of England Deputy Governor, Monetary Policy - Given At The Bank Of England

Date 22/07/2021

In this speech, Ben Broadbent discusses mismatches between spending and supply, caused by the pandemic, in the UK and global economies.

Ben Broadbent

Deputy Governor, Monetary Policy

 

Ben suggests that recent upward pressure on global goods prices is likely to be temporary, but there is some risk of longer-lasting frictions in the domestic economy. Developments in the labour market will be critical in assessing inflationary pressure in the medium term. 

Mismatch