BOE’s Broadbent: Fall in GBP single biggest factor in raising inflation forecast

Additional comments coming-in from the BOE deputy governor Broadbent, as he continues to speak in an interview with the BBC Radio 5.

Key Quotes:

“BOE, markets will learn more as new UK-EU trading relationships evolve”

“Factors holding down inflation were temporary”

“Real incomes will rise but growth will be slower”

“BOE policy stance is the appropriate one”

“Fall in GBP single biggest factor in raising inflation forecast”

“Household debt has not been rising rapidly”