Sarah Breeden, the Bank of England’s executive director of financial stability strategy and risk, has been appointed to succeed Jon Cunliffe as deputy governor for financial stability.
In a statement, the UK Treasury said she will take up her role at the Bank on 1 November 2023 for a term lasting five years. Her appointment diversifies the Bank of England's top six positions, which are currently all filled by men. The new deputy governor for financial stability will lead the Bank of England's work on financial stability, sit on the Financial Policy Committee, the Monetary Policy Committee and the Prudential Regulation Committee, and will play a key role in providing a link between financial stability and monetary policy. Bank of England is running out of ideas to ta...
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!['I do not think the Bank will be able [to lower rates] because I do not think inflation will come down much further or much faster. I think we are stuck with a fairly sticky inflation situation,' she said.](https://image.chitra.live/api/v1/wps/4f6ccd8/e30bef9b-445c-417a-ba61-becfaf9ed6fb/19/bank-of-england-2-323x202.jpg)
