Bank of England's Deputy Governor Cautions on Rate Cuts Amid Inflation Concerns
2 months ago
In a recent speech, the Deputy Governor of the Bank of England (BoE), Ben Broadbent, expressed significant caution regarding potential cuts to interest rates amidst ongoing inflationary pressures. Broadbent emphasized that any decisions relating to rate adjustments require meticulous consideration, given the prevailing uncertainty surrounding the economic landscape.
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Bank of England's Mann Signals Weak Demand is Greater Concern Than Inflation
3 months ago
Bank of England Deputy Governor, Ben Broadbent, emphasized on February 11, 2025, that the current economic landscape reveals weak demand as a more pressing concern than inflation. Broadbent's remarks come amid ongoing discussions regarding monetary policy adjustments in response to inflationary pressures observed in the UK economy.
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