FACTBOX - Bank policymakers' recent comments
LONDON (Reuters) - Following are a selection of comments from Bank of England Monetary Policy Committee members since their last meeting.
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DAVID MILES, APPOINTMENT HEARING BEFORE TREASURY SELECT COMMITTEE, JULY 2
"I remain of the view that while a return to growth does seem to be plausible, and monetary policy is having traction in the economy, the idea that we'll return to rapid growth and that there will be a sustained return to growth above the long-run trend of 2.5 percent seems pretty unlikely."
TIMOTHY BESLEY, SPEECH AT REGULATION CONFERENCE, JULY 2
"Just as with monetary policy conducted by adjusting Bank Rate, there is little point now in trying to speculate about the quantitative nature of the trigger events in the data that would lead to policy tightening.
"It will be the forward-looking implications of these data that are essential to any such decision."
PAUL TUCKER, SPEECH TO BANKING CONFERENCE, JUNE 30
"Banks must structure and run themselves to permit orderly wind down. And they must invest to provide the authorities with the information they need to do so." Continued...
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