Bank of England's Breeden warns that maintaining high interest rates for an extended period could pose significant risks to the economy. This statement highlights concerns about potential negative impacts on growth and inflation, emphasizing the delicate balance central banks must strike in managing monetary policy.

The Bank of England's Breeden has issued a cautionary note regarding the potential risks of maintaining high interest rates for an extended period. This warning is significant as it highlights the delicate balance central banks must strike between controlling inflation and supporting economic growth. Keeping rates elevated for too long could stifle investment and consumer spending, leading to a slowdown in the economy.