Bank of England’s Breeden backs ‘gradual’ interest rate cuts
A Bank of England rate-setter said she expects to back “gradual” interest rate cuts this year due to continued uncertainties about the economic outlook. Speaking in Edinburgh, Sarah Breeden said inflation had come down faster than expected throughout 2024,
Bank of England Monitoring Gilt Market, But Sees Moves as Orderly, Says Breeden
The Bank of England is keeping a close eye on price moves in the market for U.K. government bonds, but they have so far been “orderly,” Deputy Governor Sarah Breeden said Thursday. Yields on long-term U.
Bank of England’s deputy governor backs interest rate cuts, says hard to know how quickly
Sarah Breeden said on Thursday that she expects the ‘Bank Rate to come down over time as the effects of the large shocks of the past continue to abate’
Bank of England’s Breeden Plays Down Market Moves, Backs More Rate Cuts
Bank of England Deputy Governor Sarah Breeden brushed off this week’s jump in gilt yields and said she is willing to continue with further cuts to interest rates.Most Read from BloombergWhat Robotaxis
BoE's Breeden backs interest rate cuts, says hard to know how quickly
Bank of England Deputy Governor Sarah Breeden said on Thursday that recent evidence supported the case to cut interest rates gradually but that it was tricky to gauge the right speed of easing.
BOE’s Breeden Expects More Rate Cuts, At Gradual Pace
Investors expect the BOE to lower its key interest rate at a meeting of policy makers in early February, with further cuts to follow.
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BoE's Sarah Breeden: Monetary policy restrictions expected to be removed 'gradually over time'
Bank of England deputy governor Sarah Breeden has argued that recent developments in the UK economy support a gradual ...
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Bank of England: wage growth likely to slow
The rise in employers’ national insurance contributions from this April is likely to cause an overall slowing of long-term ...
Net zero is driving up energy prices, admits Bank of England official
Net zero policies are sharply driving up energy costs, the Bank of England has admitted, as officials battle to bring living ...
Bank of England boss jets off as UK economy hits crisis and pound plunges
Andrew Bailey has joined Chancellor Rachel Reeves and senior financial figures including the Chair of HSBC on a trip to China ...
Sarah Breeden
Speaking in Edinburgh, Sarah Breeden said inflation had come down faster than expected throughout 2024, which will enable the Bank to continue lowering borrowing costs. “The recent evidence further ...
Firms to pass on tax hikes through lower wages in the long run - Bank of England policymaker
A Bank of England deputy governor has predicted that higher national insurance taxes for UK businesses will lead to lower ...
UK firms to pass on tax hikes via lower wages in long run — Breeden
(Alliance News) - A Bank of England deputy governor has predicted that higher national insurance taxes for UK businesses will lead to lower wages for staff in the "long run". Sarah Breeden, the Bank's ...