BOE's Broadbent: Long-run fall in interest rates not due to BOE policy

Author: Adam Button | Category: Central Banks

Comments from Bank of England Deputy Governor Ben Broadbent at a Parliamentary committee

  • Low rates not due to monetary policy
  • Cannot find evidence that cost of capital has risen more for firms with pension deficits that for others
  • Possible that regulation is pushing pension funds too much towards lower yielding assets

Broadbent has spoken twice today already.


By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose