Another year of unchanged interest rates Rlam
Despite speculation that interest rates will rise, RLAM does not expect rates to rocket this year.
Despite speculation that interest rates will rise, RLAM does not expect rates to rocket this year.
The Bank rate was dropped to 0.5% five years ago as a rescue operation - it now seems normal
A change in forward guidance blurs policy measures in the Inflation Report released by the Bank of England today.
UK base rates are being tipped to rise next year but with an election due in 2015 will the government put pressure on the Bank of England to raise rates early?
It appears increasingly likely that 2013 marked the start of a synchronised recovery in the advanced economies, so is it now time for the Bank of England to consider hiking the base rate?
The European Commission has fined a group of eight financial institutions a total of 1.7bn (£1.4bn), for forming illegal cartels to rig interest rates.
The Bank of England has used its latest Inflation Report to soften its unemployment projections but has played down the move.
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.
The ECB’s decision to cut interest rates signals a welcome move away from austerity for some, but is too little too late for others.
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.
So, there’s no new stimulus measures this month and UK interest rates have been kept at 0.5% no surprise there but could the base rate really be maintained at a record low level for the next 10 years?
The ECB is likely to cut interest rates back to 1% in coming months as the Greek crisis lacks any near-term resolution, according to commentators.