BoE Chief Economist Andy Haldane said the UK economy is “going gangbusters”, and it was “hard to find anything whose price isn’t going up at the moment”.
“It is the case that growth across the U.K. is picking up a real rate of knots, going gangbusters actually the economy just at the moment, and that’s a great thing to see,” he said.
Also, “that may mean at some stage, we need to start turning off the tap when it comes to the monetary policy support we’ve been providing.”
