‘As much as BoE could do short of sending money to everyone’s bank accounts’: six takes on emergency rate cut
Mark Carney slashes rates to 0.25% before handing the torch to Andrew Bailey
Mark Carney slashes rates to 0.25% before handing the torch to Andrew Bailey
Investors mixed on market implications as Philip Hammond seeks Bank of England governor
Markets had not priced in a second consecutive hike
Central bank governor will hand over the reins immediately after Brexit
The Bank of England Monetary Policy Committee (MPC) has voted unanimously to raise rates to 0.75% at its August meeting.
The Bank of England (BoE) has held interest rates at 0.5% but the central bank’s chief economist has surprised markets by siding with the hawks at the latest monetary policy committee (MPC) meeting.
Bank of England governor Mark Carney has re-earned his moniker as an ‘unreliable boyfriend’ as the monetary policy committee votes 7-2 to hold rates at 0.5%.
Weak Q1 GDP data and comments from Mark Carney have seemingly put the kibosh on a May rate hike, but the Bank of England’s trajectory is far from certain. Portfolio Adviser asked fixed income analysts and managers whether they think the BoE will begin tightening or hold off.
Despite Brexit uncertainty and a more dovish tone from the Bank of England (BoE), many managers are arguing that now is the time to embrace the big four UK banks as a cheap, tactical value play.
Bank of England (BoE) governor Mark Carney has signalled that an interest rate rise in May could be pushed back, contrary to market expectations.
Bank of England governor Mark Carney has warned that cryptocurrencies are “failing” and called for them to be regulated to prevent illegal activities.
January consumer price index (CPI) data and recent comments from Bank of England governor Mark Carney himself seem to suggest that an interest rate rise next month is inevitable. But it would be overhasty to assume that the dovish central bank will suddenly turn hawkish.