BoE's Ramsden: Banking risk environment remains tight - Breaking The News

BoE's Ramsden: Banking risk environment remains tight

15 December

1 min read

EPA-EFE/FACUNDO ARRIZABALAGA

The UK banking system has managed this year to capitalize and gain high levels of liquidity. However, the general "risk environment remains challenging," Bank of England's Deputy Governor for Markets and Banking Dave Ramsden said on Friday in his speech at Deloitte, London.

"The Bank's Financial Policy Committee, which I'm a member of, reaffirmed last week that the UK banking system is well capitalized and has high levels of liquidity. Those are key elements in maintaining financial stability. But the overall risk environment remains challenging," Ramsdedn stated.

boe ramsden

BoE's Greene: Slack opening in labor market

8 hours ago

Bank of England (BoE) Monetary Policy Committee member Megan Greene said on Tuesday that there is now more slack in the British labor market but that wage growth is not slowing down quickly enough and it remains "above what our models can explain."Greene said inflation expectations are still anchored but expressed concern about their rise. She also pointed out weak supply, stating that she is more worried about it than supply. She argued that tariffs...

BoE's Bailey says inflation target return unlikely before 2027

24 March

Bank of England Governor Andrew Bailey stated Monday that the UK is not expected to return to its 2% inflation target until 2027.Speaking at the University of Leicester, Bailey addressed the long-term challenges facing economic growth and monetary policy, pointing to persistent weak productivity and demographic shifts as key headwinds.Bailey explained that low and stable inflation is critical to sustainable growth, but recent shocks like COVID-19 and the...

WEEKLY RECAP: Monetary moves, political tensions, cautious markets

22 March

This week was defined by rising geopolitical tensions and defensive market movements amid growing global uncertainty. The US Federal Reserve lowered its 2025 growth forecast to 1.7% and raised its inflation projection to 2.7%, citing the economic impact of President Donald Trump's new tariffs. While interest rates remain unchanged, the Fed announced it will slow its quantitative tightening program starting in April. Central banks in the UK, Japan, and the...

BoE leaves interest rate unchanged

20 March

The Bank of England (BoE) Monetary Policy Committee (MPC) announced on Thursday its decision to keep its headline bank rate the same at 4.5%, as predicted.The decision was passed after an 8–1 vote, with one member of the MPC advocating a cut of 0.25 percentage points. The rest considered holding the rate steady as the right approach to have the annual inflation rate meet its target of 2% as it currently sits at 3%.The bank noted that, despite...

This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.