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  • BoE's Ramsden: Gilt markets function in orderly way
    Bank of England's Deputy Governor for Markets and Banking Dave Ramsden said on Monday that the United Kingdom's gilt markets "continue to function in an orderly way" but he warned about "vulnerabilities that could lead to system-wide risks," adding the BoE must carefully monitor them. He...
  • BoE's Ramsden: Economy to continue to normalize
    "My overall assessment is that the economy will continue to normalize, with the recent trend towards low and relatively stable inflation continuing," Bank of England's Deputy Governor for Markets and Banking Dave Ramsden shared on Wednesday, speaking at the Leeds University Business...
  • Ramsden confident inflation to fall close to 2% in April
    Deputy Governor for Markets & Banking at the Bank of England, Dave Ramsden (pictured), conveyed his optimism in a speech on Friday, stating that he believes headline CPI inflation will experience a significant decline in April, reaching levels close to the targeted 2%. "Given we know the level of the...
  • BoE's Ramsden: Inflation's key indicators remain high
    Bank of England's Deputy Governor Dave Ramsden pointed out that the key indicators to measure the persistence of inflation remain high during his speech at Glaziers Hall, AFME Bond Trading, Innovation and Evolution Forum on Tuesday. "Although services inflation and wages growth have fallen by...
  • BoE's Ramsden: Banking risk environment remains tight
    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...
  • BoE's Ramsden: High rates likely to stay long-term
    "Over the period since the global financial crisis, the nature of liquidity risks has evolved. Interest rates are likely to remain higher than for most of that period, and firms must make sure they are able to adapt and manage their risks in a higher rate world," Bank of England's Deputy Governor for...
  • BoE's Ramsden: CPI inflation remains much too high
    Bank of England's Deputy Governor Dave Ramsden stated on Wednesday that despite the significant fall in inflation, it "remains much too high." According to its latest speech given at the Bank of England, the data until the June meeting suggested a further persistence of the inflation...
  • BoE's Bailey: QT did not impact banking crisis
    Bank of England (BoE) Governor Andrew Bailey (pictured) said there is no connection between quantitative tightening (QT) and the recent events in the banking system, "not least because the UK banking sector has not experienced stress in recent months," apart from the British arm of the Silicon...
  • BoE to keep hiking rates to control inflation - Ramsden
    Bank of England deputy governor Dave Ramsden insisted that the British central bank needs to stop the risks of elevated inflation embedding into the country's economy. In an interview with the Times published on Friday, Ramsden argued that there were still signs of high inflation in the United...
  • BoE's Bailey names his 'big 3' inflation drivers
    Bank of England (BoE) Governor Andrew Bailey described on Thursday the supply chain issue, energy prices, and food prices as the "big three" factors driving inflation up. Speaking at a press conference following the BoE's decision to raise the key interest rate by 50 basis points, Bailey spoke about...
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