BoE Deputy Governor Ramsden outlines next phase of quantitative tightening

In a speech, BoE Deputy Governor Ramsden discusses the next chapter of quantitative tightening, signaling a continued reduction of the central bank's balance sheet. The speech provides insight into the BoE's policy trajectory, though specific operational details remain unclear. This matters as it reinforces the expected path of monetary tightening in the UK, with implications for gilt yields and liquidity.