✉news BusinessEconomy first seen 3 d ago, last 3 d ago, peak #19
Bank of England's Breeden surprised UK absorbed energy price shock so well
Original: BoE's Sarah Breeden: Surprised how well the UK economy has absorbed the energy price shock
Sarah Breeden, a senior Bank of England official, said she is surprised by how well the UK economy has absorbed the energy price shock that followed recent global energy market turmoil. Her remarks suggest policymakers see more resilience in Britain than expected, a point likely to feed into debate over interest rates and the outlook for growth and inflation.
Why now: A Bank of England policymaker's unexpectedly upbeat assessment of the economy draws attention amid ongoing inflation and interest rate debate.
Sarah BreedenBank of EnglandUK economy
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