The Bank of England’s Deputy Governor Sarah Breeden has said UK businesses’ efforts to absorb rising energy costs rather than pass them on to consumers could help the central bank contain inflation following the energy price shock caused by the Iran war. Speaking in an interview on Thursday, Breeden said companies were responding differently to the current crisis compared with the energy shock of 2022, when Russia’s full-scale invasion of Ukraine triggered sharp increases in energy prices. “What’s really different now, relative to when we had the last energy shock in 2022, is that people aren’t looking to push costs through,” Breeden said.
Nous affichons publiquement l'idee principale. Creez un compte gratuit pour lire l'article complet, l'enregistrer, le commenter et le relier au contexte marches et OSINT.