• BoE’s Ramsden: I would not rule out having to raise bank rate further in the future

Noticias del mercado

21 noviembre 2023

BoE’s Ramsden: I would not rule out having to raise bank rate further in the future

Bank of England (BoE) Deputy Governor for Markets and Banking, Dave Ramsden, is testifying on the November Monetary Policy Report (MPR) before the UK’s Parliament's Treasury Select Committee (TSC) on Tuesday.

Key quotes 

I continue to characterise my approach to monetary policy as being watchful and responsive.

A restrictive policy stance is likely to be warranted for an extended period of time.

I would not rule out having to raise bank rate further in the future.

Speed limit of the UK economy is low now.

Low speed limit increases chance of above-target inflation.

more to come ....

Market reaction

GBP/USD was last seen trading at 1.2537, up 0.28% on the day.

Enfoque del mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Abrir cuenta demo y página personal
Entiendo y acepto la Política de Privacidad y estoy de acuerdo con que mi nombre y datos de contacto sean procesados por TeleTrade y utilizados para contactarme en lo referente a: