BoE's Vlieghe: Keeping rates on hold is best for returning inflation to target while avoiding economic volatility

Bank of England's Member Gertjan Vlieghe is crossing the wires last minutes, via Reuters, saying that keeping rates on hold "is best for returning inflation to target while avoiding economic volatility"

More headlines (via Reuters):

• Tension between pessimistic markets, cautious firms and optimistic households cannot last
• Brexit uncertainty has not caused material re-evaluation of business spending, hiring plans so far
• Slowdown in UK growth not as sharp or sudden as expected in august, more like a "slow-motion slowdown"
• Low interest rates are response to global economic problems, not their cause
• Wrong to think upside or downside surprises on UK economy would automatically require changes to policy
• Possible that positive UK economic news would be accompanied by stronger exchange rate
• Argument that low interest rates hurt savers ignores fact savers hold other assets that benefit from low rates, QE