Bank of England leaves rates on hold; next week's inflation report could signal changes

Thursday, February 6th 2014 - 22:03 UTC

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UK interest rates have been kept unchanged at their record low of 0.5% by the Bank of England. The bank's Monetary Policy Committee, (MPC) also left the £375bn quantitative easing stimulus program unchanged. Analysts now hope that the Bank will use next week's inflation report to signal changes to its policy of forward guidance. Read full article

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Britworker
My biggest criticism of Carney is that he needs to get himself out of London and get himself around the country as a whole. He is too influenced by the economic picture in the south east.

Until wages start rising in the north, he can't possibly raise interest rates as whole swathes of people are going to go under.
Feb 06th, 2014 - 10:24 pm - Link - Report abuse 0
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Briton
At least the UK is heading in the right direction, at last.
Feb 07th, 2014 - 11:27 am - Link - Report abuse 0
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