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Britain's damaged growth 'speed limit' could hamper BOE cutting rates, says BOE's Ramsden - The Telegraph

Sun, 13th Oct 2019 21:09

Oct 13 (Reuters) - Bank of England deputy Governor Dave
Ramsden said Britain's "speed limit" for growth has been damaged
by uncertainty over Brexit and that it could hamper the Bank of
England's ability to support a weak economy with lower interest
rates, The Telegraph reported on Sunday.

In an interview https://www.telegraph.co.uk/business/2019/10/13/uks-damaged-speed-limit-growth-could-hamper-bank-england-lowering
Ramsden said he sees less of a case for a more accommodative
monetary position, in case of a temporary Brexit extension.
(Reporting by Maria Ponnezhath in Bengaluru, Editing by Timothy
Heritage)

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