Answering questions on productivity
- Risks to productivity are on the upside
- It's an open question whether temporary slowdown that the BOE has forecast for productivity will happen
- Disappointment in productivity growth has cause BOE to lower forecasts
- We have not revised them higher even with seeing a pick up
- There is no aggressive forecast for productivity
Haldane
- BOE is being vigilant on wage growth
Vlieghe
- Productivity growth will keep improving
