BOOBoE’s Ramsden says sees UK labour market tightness and rising prices pressure; personal view same as BoE guidance that limited and gradual rates are needed in the future

He says wage growth since Brexit vote has been strikingly weak He says likely will still pickup as forecast in August Notes market moves suggest investors increasingly unsure against ‘downside’ Brexit outcomes;  investors’ moves to hedge against downside outcomes still small versus pre-Brexit vote (Newswires)