- Analytics
- News and Tools
- Market News
- BoE’s Ramsden: Still signs of stubbornly high inflation – The Times
BoE’s Ramsden: Still signs of stubbornly high inflation – The Times
Bank of England (BoE) Deputy Governor Dave Ramsden said in an interview with The Times that the central bank must stop the risk of high inflation becoming embedded in the economy. He added there were still signs of stubbornly high inflation.
Ramsden mentioned there was a greater risk of the BoE doing too little rather than too much.
Market reaction
Ramsden comments had no impact so far on the Pound. GBP/USD is trading at a daily high late on Friday near the 1.2440 area, on its way to a modest daily gain. EUR/GBP stays flat around 0.8830.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
