BOE's Haldane: policy loosening since 2007 has had a significantly positive effect

The Bank of England (BoE) Chief Economist Andy Haldane is out on the wires, during a scheduled speech in Melbourne, said that policy loosening since 2007 has had significantly positive effect on jobs, income and wealth. 

He was further noted saying that gains have been shared across distribution of income, wealth, age and region, but scale and nature of benefits differ. 

Haldane made no reference to the current monetary policy leaning and hence, market participants would now look forward to the post-speech Q&A session for some insight.