Ben Broadbent

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Last quote by Ben Broadbent

The vote to leave the EU led to a big drop in sterling's exchange rate. One consequence is a rise in import prices and a squeeze on households' real income. We may already be seeing the impact of that squeeze on retail spending, which in real terms fell quite sharply around the turn of the year. While it's hit the income of households, however, the depreciation has come as a boon for many exporters. In sterling terms goods export prices rose 12% through the course of last year. This will significantly have boosted exporters' profitability and with it the incentive to invest in extra capacity.feedback
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Mar 23 2017 Brexit
We can learn a lot about a person if we know what types of things he or she talks about or comments on the most frequently. There are numerous topics with which Ben Broadbent is associated, including August and November. Most recently, Ben Broadbent has been quoted saying: “You've seen business confidence rise particularly in the United States. You've seen financial markets get more optimistic and I think that has had some impact. So it is a positive thing.” in the article Trump boost to markets, confidence to help UK: BoE's Broadbent.
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Quotes by Ben Broadbent

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