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Dave Ramsden

Dave Ramsden

Deputy Governor for Markets and Banking, Bank of England; MPC member

Appears in 1 story

Notable Quotes

Further easing “cannot be pre-judged with precision.” — MPC minutes framing echoed by Ramsden’s camp

Stories

Bank of England cuts to 3.75%—one vote, two stories, and a fight over what “neutral” means

Money Moves

Voted to cut to 3.75%, watching wage surveys for confirmation

This cut had courtroom drama energy. The Bank of England dropped rates to 3.75%—but only because Governor Andrew Bailey switched his vote and made it 5–4. The immediate market read was hawkish-by-UK-standards: sterling rose and gilt yields ticked higher as traders pared back expectations for rapid 2026 easing.

Updated Yesterday