Bank of England hints at 2014 rate rise
Martin Weale, a member of the monetary policy committee has said an interest rate rise should happen sooner than later
Martin Weale, a member of the monetary policy committee has said an interest rate rise should happen sooner than later
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Markets appear to have run ahead of the Bank of England on the evidence of its inflation report news conference
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According to the Bank of England, when it does start raising rates they will do so only gradually.
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According to Royal London Asset Managements Ian Kernohan, while economic activity has improved, output is only just about to surpass its pre-crisis peak
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Interest rates in the EU and the UK remain at historic lows, making life hard and a little riskier for yield seekers.
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The nature of historically low interest rates is that the only way is up, but which central bank will make the first move, and when, is a matter of fierce debate.
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The Bank of England and the Government could create a frozen food barbeque effect by overestimating the amount of slack in the UK economy, according to Legal & General Investment Management.
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The latest agreement will reduce the risk for investors dealing with the Chinese currency through overseas payments.
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The British Chambers of Commerce thinks we will see UK GDP return to pre-2008 financial crisis levels in Q2; good news if its true, though investors are still sweating on guidance from the Bank of England.
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Despite speculation that interest rates will rise, RLAM does not expect rates to rocket this year.
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The Bank rate was dropped to 0.5% five years ago as a rescue operation - it now seems normal
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The Bank of England has suspended a staff member as part of an internal review into allegations that officials condoned or were informed of manipulation in the foreign exchange market.
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