BoE's Breeden backs interest rate cuts

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. "The recent evidence further supports the case to withdraw policy restrictiveness and I expect to continue to remove restrictiveness gradually over time,
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
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’
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.
BoE's Breeden: Hard to know how fast to loosen policy
Bank of England Deputy Governor Sarah Breeden said on Thursday that recent evidence supported the case to gradually cut interest rates but that it was difficult to gauge the speed of easing. "The recent evidence further supports the case to withdraw policy restrictiveness and I expect to continue to remove restrictiveness gradually over time,
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UK firms to pass on tax hikes via lower wages in long run — Breeden
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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 ...
BoE's Breeden backs 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 ...