HSBC expects the Bank of England to raise interest rates twice within the next year.
In a note this morning, UK economist Liz Martins and colleagues forecast a rates rise in November and then in May.. City A.M.
Apr.05 -- When it comes to raising U.K. interest rates, it's better to be late than early, according to Bank of England policy maker Gertjan Vlieghe. “Caution is warranted,” Vlieghe said during a.. Source: Bloomberg Global Business -
September 7 -- Bank of England governor Mark Carney and three colleagues -- his deputy, Jon Cunliffe, as well as officials Gertjan Vlieghe and Kristin Forbes -- are set to face questions on whether.. Source: Bloomberg Global Business -
The pound surged by more than one per cent this morning to hit $1.3539, after Bank of England dove Gertjan Vlieghe turned hawkish.
Sterling rose 1.04 per cent against the dollar after the Monetary.. City A.M.
The Bank of England's deputy governor Ben Broadbent opted to focus on the impact of Brexit on trade during a speech in Scotland today, keeping markets in the dark over his thoughts on interest.. City A.M.
The most dovish rate-setter at the Bank of England has pushed back against the rising pressure from his colleagues to vote for higher interest rates, further underlining a growing split between top.. City A.M. Also reported by •Telegraph.co.uk
A slowdown in British consumer spending means the Bank of England must act cautiously in raising interest rates, according to an influential official.
Gertjan Vlieghe, a member of the Bank’s.. City A.M.
Government statisticians have confirmed the British economy grew by 1.8 per cent during 2016 as the retail sector enjoyed a strong Christmas period.
Here are five things the nation’s beancounters.. City A.M.
Higher inflation may not automatically lead to an interest rate rise, according to one of the Bank of England’s top officials.
Gertjan Vlieghe, one of the members of the rate-setting Monetary.. City A.M.