June 26, 2018 / 9:28 AM / 21 days ago

Incoming BoE rate-setter Haskel says agrees with thrust of rates guidance

LONDON (Reuters) - Incoming Bank of England rate-setter Jonathan Haskel said on Tuesday he agreed with the thrust of the central bank’s guidance that interest rates were likely to rise.

Professor Jonathan Haskel, who has just been appointed to the Monetary Policy Committee of the Bank of England, is seen in this undated portrait released by HM Treasury in London, Britain, May 31, 2018. Jason Alden/UK Treasury/Handout via REUTERS

Haskel, a professor of economics at Imperial College Business School in London, said it was premature to express a firm view on the path for rates as he did not yet have access to the BoE’s analysis.

“At this stage, I would merely say that given current conditions and current economic data, I agree with the broad direction of travel,” Haskel said in a written statement to lawmakers ahead of an appointment hearing.

Reporting by Andy Bruce; editing by John Stonestreet

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