Ben Broadbent - Bank of England

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Last quote by Ben Broadbent

I think there may be some possibility for interest rates to go up a little bit. One shouldn't overdo this. If and when it happens there will be a lot of talk about the first rate rise since 'x'. But it's just a rate rise and we got perfectly used to rate rises of this size in the past.feedback
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Aug 04 2017 London
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: “In my opinion, it is a bit tricky at the moment to make a decision. I am not ready to do it yet.” in the article Britain's booming jobs market revives interest rate debate even as pay squeeze intensifies.
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Ben Broadbent quotes

Nov 18 2016 - Unemployment

The MPC (Monetary Policy Committee) would be less inclined to accommodate above-target inflation if it didn't also expect demand to fall slightly short of that supply potential. It would be able to do more prevent any rise in unemployment if it weren't for the inflationary pressure brought about by the fall in the currency.feedback

Oct 17 2016

In the shape of the referendum, we've had exactly one of those shocks. Allowing the currency to react to that I think is a very important shock absorber.feedback

Oct 04 2016

We know there is an effect coming, we know the world looks potentially very different. We're pretty confident that the effect of that uncertainty will weigh on investment. It's difficult, therefore, to weigh those two things.feedback

May 09 2016

The wiser course is to wait for the November Inflation Report, which gives us a good opportunity to reflect more systematically on the news since August, and what it implies – if anything – for the medium-term outlook.feedback

Feb 03 2016

Currently, retail deposits are backed mainly by illiquid loans, assets that can't be sold on open markets… the central bank, by contrast, holds only liquid assets on its balance sheet. The central bank can't run out of cash and therefore can't suffer a 'ru.feedback

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