Bank of England’s Dhingra Advocates for Cautious Rate Cuts to Support Economic Stability
3 months ago
In a recent statement, Swati Dhingra, a member of the Bank of England's Monetary Policy Committee, highlighted the potential consequences of a hasty approach to interest rate cuts. She emphasized that a gradual reduction in rates would be crucial to prevent stifling the economic recovery currently underway in the UK.
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Bank of England's Dhingra Advocates for Rate Cuts Due to Restrictive Economic Policies
6 months ago
In a significant commentary that could shape future monetary policy, Bank of England (BoE) policymaker Swati Dhingra has strongly argued for the necessity of interest rate cuts. Dhingra contends that the current policy stance is excessively restrictive and could hamper economic growth if not adjusted soon.
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