✉news BusinessBanking first seen 3 d ago, last 3 d ago, peak #30
BoE's Breeden Says Firm Cost-Cutting Is Helping Central Bank
Original: Bank of England's Breeden: Cost-cutting by Firms Helping Central Bank
Bank of England deputy governor Sarah Breeden said that firms cutting costs rather than raising prices is helping the central bank's efforts to return inflation to target. Her remarks suggest companies are absorbing some pressures instead of passing them on, giving policymakers more room as they weigh the pace of interest rate changes.
Why now: Investors are watching Bank of England officials closely for signals on the future path of interest rates.
Rank over time, top of the chart is #1. 2 snapshots from 3 d ago to 3 d ago.
Evidence
- Bank of England's Breeden: Cost-cutting by Firms Helping Central Bank · ASHARQ AL-AWSAT English
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