Economics
BOE’s Ramsden Reins In Case for More Accommodative Policy
- Deputy governor cites declining productivity, investment
- MPC speakers are set for busy week of public appearances
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Uncertainty over Brexit has damaged the U.K.’s “speed limit” for economic growth so much that it could hamper the Bank of England’s ability to help the economy by lowering borrowing costs, Deputy Governor Dave Ramsden said in an interview with the Daily Telegraph.