Bank of England (BoE) policymaker Swati Dhingra is speaking just ahead of her testimony on the May Monetary Policy Report (MPR) before the UK Parliament’s Treasury Select Committee (TSC) on Tuesday.
Key quotes
Overly restrictive policy risks supressing demand and disincentivising investment.
Risks to inflation and growth tilted to the downside.
Market reaction
GBP/USD was last seen trading at 1.3510, down 0.24% on the day.
Source: https://www.fxstreet.com/news/boes-dhingra-would-have-preferred-bank-rate-to-have-followed-a-different-path-202506030908