BOE’s Broadbent: Market pricing of bank rate path implies pretty material hit to demand

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BOE’s Broadbent: Market pricing of bank rate path implies pretty material hit to demand BOE CentralBanks GBPUSD InterestRate

“Market pricing of the bank rate path implies a pretty material hit to demand.”“The bank allocates £15 mln at short-term repo operation.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.

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BoE's Broadbent says market bets on rate hikes would hit economyBank of England Deputy Governor Ben Broadbent told investors on Thursday that the big increases in interest rates they had been pricing on the back of Prime Minister Liz Truss's fiscal plans would deliver a 'pretty material' hit to the economy.
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