LONDON -- One of Britain's top central bankers has apologized for using sexist language when saying the British economy is entering a "menopausal" moment. In a statement Wednesday in response to The Daily Telegraph's front-page headline, Ben Broadbent said he was "sorry" for his "poor choice of language" in an interview with the newspaper.
The Bank of England's deputy governor for monetary policy said he was looking to explain the meaning of the word "climacteric" - a term, he said, that was used by economic historians to describe low productivity growth during the nineteenth century.
He said that "economic productivity is something which affects every one of us, of all ages and genders."
Bank of England official sorry for sexist comment about economy
/ AP
LONDON -- One of Britain's top central bankers has apologized for using sexist language when saying the British economy is entering a "menopausal" moment. In a statement Wednesday in response to The Daily Telegraph's front-page headline, Ben Broadbent said he was "sorry" for his "poor choice of language" in an interview with the newspaper.
The Bank of England's deputy governor for monetary policy said he was looking to explain the meaning of the word "climacteric" - a term, he said, that was used by economic historians to describe low productivity growth during the nineteenth century.
He said that "economic productivity is something which affects every one of us, of all ages and genders."
In:
CBS News 24/7
Georgia to see temperatures reach near record highs for Christmas Day
What is the home equity loan interest rate forecast for 2026?
What are your chances of a white Christmas? Map shows likelihood of snow.
NYC's top baby names for 2024 revealed
Ben Shapiro: Only Cowards Tolerate Conspiracy Theorists
Should We Feel Sorry for White Men?