{"id":72713,"date":"2022-09-22T23:24:08","date_gmt":"2022-09-22T19:24:08","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=72713"},"modified":"2022-09-22T23:26:16","modified_gmt":"2022-09-22T19:26:16","slug":"boes-haskel-sees-tension-with-government-fiscal-policy","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/boes-haskel-sees-tension-with-government-fiscal-policy\/09\/22\/market-updates\/","title":{"rendered":"BoE&#8217;s Haskel sees tension with government fiscal policy"},"content":{"rendered":"\n<p>The Bank of England\u2019s policymaker Jonathan Haskel said the central bank encountered difficulty as the government&#8217;s expansionary fiscal policy appeared to place it at odds with the BoE&#8217;s efforts to cool inflation.<br><br>&#8220;We are in a difficult, uncomfortable position, frankly, because I don&#8217;t like being in a situation where you have one institution, namely the independent central bank, at least being portrayed as set against another institution, the elected government,&#8221; he said.<br><br><br>&#8220;Having a fiscal expansion in the context of tight supply is, I&#8217;m afraid, very difficult,&#8221; he added, during a panel discussion hosted by the North Western Reform Synagogue.<br><br>The pound is pressured following the BoE surprising with just a 50bps rate hike instead of a 75bps increase. The GBP\/USD pair is back to flat at 1.1258 following a move between 1.1364 and 1.1211 on the day.<br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Bank of England\u2019s policymaker Jonathan Haskel said the central bank encountered difficulty as the government&#8217;s expansionary fiscal policy appeared to place it at odds with the BoE&#8217;s efforts to cool inflation.&#8220;We are in a difficult, uncomfortable position, frankly, because I don&#8217;t like being in a situation where you have one institution, namely the independent &hellip;<\/p>\n","protected":false},"author":13,"featured_media":51338,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[6967,9984],"class_list":["post-72713","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-boe","tag-haskel"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/72713","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=72713"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/72713\/revisions"}],"predecessor-version":[{"id":72717,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/72713\/revisions\/72717"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/51338"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=72713"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=72713"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=72713"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}