The Bank of England is highly likely to hold interest rates steady tomorrow, after the surprise fall in inflation in June eased pressure on its economists.
The Bank’s monetary policy committee.. City A.M.
Economists are expecting the Bank of England to bypass a rate hike this week, despite three members of its Monetary Policy Committee (MPC) voting for a rate rise last month.
Since the members of the.. City A.M.
The Bank of England should raise interest rates now, a hawkish member of the monetary policy committee (MPC) said today in the latest salvo in the public battle over monetary policy.
Ian McCafferty,.. City A.M.
The Bank of England still has time before it raises interest rates despite an increasingly difficult trade-off between rising inflation and weak wage growth, according to one of the remaining doves on.. City A.M.
Outgoing Bank of England policymaker Kristin Forbes has fired a parting shot at the doves on the monetary policy committee (MPC), saying an interest rate hike should not be held back any longer.
In.. City A.M.
She replaces Kristin Forbes as an external member of the MPC and joins the committee at a time when it is at its most divided on the direction of interest rates in six years Independent Also reported by •FT.com
London School of Economics professor Silvana Tenreyro has been appointed as the newest external member of the Bank of England's monetary policy committee (MPC).
Tenreyro, who teaches macroeconomics.. City A.M.