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The Latest Breaking News from Dave Ramsden

Bank’s rate decision leaves frustrated Reeves praying for an August cut

Lower interest rates will be a lever for growth but the Middle East conflict and rising food prices will have troubled MPC

The Guardian - UK

Bank of England must proceed with caution over future rate cuts, says deputy governor

Dave Ramsden said a gradual and careful approach was needed to balance inflation risks and interest rate cuts

The Guardian - UK

Bank of England policymaker warns of rising inflation risk

Deputy governor Dave Ramsden pointed to ‘increased uncertainty’ in the UK economy in a speech on Friday, amid higher-than-expected price rises.

Evening Standard

From analysis to the latest developments in health,
read the most diverse news in one place.

UK ‘the golden child of Europe’ as stocks rally in London; US goods trade deficit widens as tariffs backfire – as it happened

UK’s balanced trade with the US, Trump’s fondness for Britain, and new invitation for a state visit at Buckingham Palace, make the UK popular with investors today

The Guardian - UK

Labour Budget adds to uncertainty over inflation, says Bank policymaker

Dave Ramsden, deputy governor for markets and banking, was speaking after the Bank cut rates by a quarter point earlier in November.

Evening Standard

OPINION - A summer interest rate cut would be good news – for an incoming Labour government

British political junkies will effortlessly reel off the names of all nine US Supreme Court justices, but their minds go mysteriously blank if you ask them to identify a single member of the Bank of England's nine-strong Monetary Policy Committee (MPC). And frankly, this newsletter has had enough of the…

Evening Standard

UK interest rates are close to a descent – maybe starting as soon as next month

It seems just matter of time before the two MPC members already in favour of a cut are joined off Table Mountain

The Guardian - UK

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Bank of England says it could lower interest rates more than expected, but June cut isn’t ‘fait accompli’ – as it happened

Bank of England governor Andrew Bailey is briefing reporters after BoE left UK interest rates on hold again in a dramatic 7-2 split

The Guardian - UK

Brexit has ‘chilled’ business investment, says Bank of England deputy governor

Dave Ramsden tells MPs referendum fallout also contributed to lower speed limit for growth of UK economy

The Guardian - UK

SVB collapse was ‘fastest since Barings’, Bank of England says, in call for vigilance – as it happened

Treasury committee holds hearing on the sudden collapse of Silicon Valley Bank this month

The Guardian - UK

Interest rate cut possible if economy demands, says Bank policymaker

Deputy governor Dave Ramsden makes comments as CBI snapshot predicts tough winter for UK factories

The Guardian - UK

Bank’s deputy governor ‘conscious of great hardship’ faced by millions

Dave Ramsden said that his ‘bias’ is toward further interest rate rises, but he would consider the case for cutting rates.

The Independent UK

Bank of England deputy governor could vote to cut interest rates if inflation pressures ease – as it happened

Sir Dave Ramsden expects to vote to keep raising borrowing costs, but sees potential for rate cuts if persistent inflation stops being a worry

The Guardian - UK

Energy bills ‘could rise by £200 more than expected in autumn’

Average energy bill could reach £4,266 in January, estimates find

Evening Standard

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Birmingham Post

"Tough times" to continue in UK economy, Bank of England deputy governor warns

Sir Dave Ramsden was speaking on a visit to Newcastle where he said it was the Bank's main priority to bring inflation down to 2%

The Guardian - UK

Bailey sets alarm bells ringing while barely mentioning the B-word

As the Convict hoped for a fudge in Northern Ireland, the Bank of England governor explained how screwed the economy is

The Guardian - UK

Four-fifths of UK manufacturers expect price rises, says CBI

Survey highlights cost inflation as Bank of England’s Dave Ramsden predicts more interest rate rises

The Independent UK

More ‘modest’ rate hikes needed but uncertainty reigns, says Bank deputy

Sir Dave Ramsden said interest rates were not expected to reach ‘anything like’ the levels seen before the financial crisis.

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The Guardian - UK

Oil prices hit seven-year highs close to $100 after Russia moves troops into Ukraine – as it happened

Germany pulls plug on Nord Stream 2 pipeline, as UK and European shares see-saw and rouble sinks to two-year low

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