BOE’s Breeden Urges Patience on Rates Amid Economic Uncertainty

Bank of England policymaker Sarah Breeden advocates waiting for clearer economic data before adjusting interest rates further. Bank of England policymaker Sarah Breeden emphasized the need for patience in adjusting interest rates, citing ongoing economic uncertainty. She s

Bank of England policymaker Sarah Breeden advocates waiting for clearer economic data before adjusting interest rates further.

Bank of England policymaker Sarah Breeden emphasized the need for patience in adjusting interest rates, citing ongoing economic uncertainty. She stated there is no urgency to act in June or July, allowing time to assess shocks and inflation risks.

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