MikeTrendsTrends right now

✉news BusinessBanking first seen 8 d ago, last 7 d ago, peak #1

BoE's Breeden says firms' cost-cutting aiding central bank

Original: Bank of England's Breeden says cost-cutting by firms helping central bank

Bank of England policymaker Megan Breeden said cost-cutting by British companies is helping the central bank as it weighs interest rate policy. Firms trimming costs appears to be easing price pressures, giving the bank more room to consider lower borrowing costs. The remarks were picked up by Reuters and financial market outlets.

Why now: Her comments feed into ongoing market speculation about the Bank of England's next interest rate moves.

Bank of EnglandMegan Breeden

Open on news →

Rank over time, top of the chart is #1. 18 snapshots from 8 d ago to 7 d ago.

Evidence

API: https://socialmediatrends-api.osmike.com/v1/trends/2340763