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Not clear that interest rates have peaked -BoE's Broadbent

BRITAIN-BOE-BROADBENT:Not clear that interest rates have peaked -BoE's Broadbent
BRITAIN-BOE-BROADBENT:Not clear that interest rates have peaked -BoE's Broadbent Copyright Thomson Reuters 2023
Copyright Thomson Reuters 2023
By Reuters
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LONDON - The Bank of England's interest rate-setters remain "watchful" as it is not clear if interest rates in Britain have reached a peak, deputy governor Ben Broadbent said on Thursday.

"The risks are still to the upside so I don't think it's clear that...somehow we know we've got to a point where there's a peak," he told reporters. "I think the committee is still very watchful."

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