Unemployment could fall sub-7 per cent next year
The Bank of England has used its latest Inflation Report to soften its unemployment projections but has played down the move.
Bank Of England
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pa analysis carneys party
Not a bad first week in charge at the Bank of England for Mr Carney. Admittedly he is only a week in but he already looks like he has a calm authority about him and is happy to do things the way he wants them to be done which means doing things slightly differently to…
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Pound drops as bo e say no increase
The pound fell a cent and a half against the dollar following the Bank of England’s announcement markets were wrong to assume interest rates would start rising soon.
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Can he or Carney
So often mentioned with the prefix “incoming”, let’s hope Mark Carney doesn’t develop a complex about crash landing into the Bank of England when he arrives on 1 July.
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Axa IMs Trindade reduces financials
The fixed income market is set for a volatile few months as a number of key global issues come to a head including decisions about QE, the German election in September and Mark Carney taking up his new role as governor of the Bank of England, according to Nicolas Trindade of Axa Investment Managers.
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Santander Hogg named new BoE COO
Charlotte Hogg has been selected as the Bank of England’s first chief operating officer, a role developed in response to the bank’s increase in front-line functions.
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BoE lifer Tucker to step down
Paul Tucker is leaving his role as deputy governor of the Bank of England fuelling speculation that Mark Carney is planning a huge shake-up of personnel once he takes office as governor.
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IMF UK economic recovery tepid
The UK is "still a long way from a strong and sustainable recovery" according to the International Monetary Fund, as it concludes its annual review of the British economy.
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Carney Europe can learn lessons
Mark Carney, incoming Bank of England governor has warned Europe is at risk of a Japanese-style 'lost decade' in his final statement as governor of the Bank of Canada.
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The Euro experiment
State intervention can work in inefficient markets, but should be avoided in those that are correctly functioning, according to Richard Woolnough of M&G Asset Management.
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central bank growth policies madness talbut
Robert Talbut argues that risk assets may provide better value today than less risky assets but this is more of an indictment on the lack of value in the latter rather than any tremendous value in the former.
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treasury demands more from tucker
The Bank of England’s deputy governor, Paul Tucker, has tabled the use of negative interest rates as a potential monetary policy, prompting the Treasury Select Committee to ask for a further explanation.
