Bank of England's Breeden Calls for an End to Stigma Surrounding Central Bank Facilities

In a notable move aimed at reshaping the perceptions surrounding central bank financial facilities, Rachel Breeden, a member of the Bank of England’s (BoE) Monetary Policy Committee, has made a compelling case for redefining the stigma attached to these crucial economic tools. During a recent speech, Breeden highlighted how the traditional view of central bank liquidity measures often brings about an unwarranted sense of shame, which in turn may deter financial institutions from utilizing these lifelines during times of economic uncertainty.

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