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Monetary Policy As Engineering? − Speech By Sarah Breeden, Bank Of England Deputy Governor, Financial Stability, Given At The Institute Of International Finance’s Talking Policy Series

Date 19/12/2023

In her first speech as Deputy Governor for Financial Stability and as a member of the Monetary Policy Committee (MPC), Sarah Breeden sets out her view on the UK economic outlook and outlines her approach to monetary policy. She describes how against a backdrop of unprecedented shocks, she intends to approach monetary policy by paying attention to how real world outcomes differ from expectations and using scenario analysis to guide policy.