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

Felipe Erazo FXStreet

Bank of England's Deputy Governor Ben Broadbent crossed the wires last minutes, via Reuters, where he's saying that long-run fall in interest rates is not due to the central bank's policy.

Key headlines (via Reuters):

Quantitative easing can have an extra bearing on long-term interest rates and pension funds
Says cannot find evidence that cost of capital has risen more for firms with pension fund deficits than others
Says possible that regulation is pushing pension funds too much towards low-yielding lower-risk assets

Author

Felipe Erazo

FXStreet

Born in Colombia, Felipe Erazo is the American Session Manager at FXStreet. He has been studying journalism with a degree in social communication at the Universidad de Chile.

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