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.
Interest Rates
-
-
Static base rate threatens prolonged pain
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?
-
eurozone crisis to lead to further rate cuts
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.
-
ECB signals further rate rise as BoE holds firm again
The BoE and the European Central Bank have both kept their headline rates of interest on hold.
-
Ignis’ Thomson: autumn 2013 is most likely time for rate hike
Ignis AM chief economist Stuart Thomson says autumn 2013 is the most likely time for a Uk rate rise.
-
UK base rate will hit 2.75% by end of next year, says BCC
The BCC says UK interest rates will rise “at a faster rate than previously envisaged”.
-
MPC member blames markets for European debt woes
An external MPC member has laid partial blame for Europes current debt woes on the markets.
-
Interest rates unlikely to move until 2012
Minutes from the Bank of England point to interest rates remaining at 0.5% for the rest of the year
-
King: ‘simply impossible’ to know when rates will rise
Mervyn King’s Mansion House speech saw him warn that the UK still faces years of sluggish growth.
-
Some of the pessimism on the UK is overdone
RLAM’s Ian Kernohan says labour market trends suggest it is not all doom and gloom for the UK.