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Bank of England raises inflation and growth forecasts, but Brexit uncertainty remains

Saturday, November 5th 2016 - 09:49 UTC
Full article 5 comments

The Bank of England has raised its near-term growth and inflation forecasts on Thursday following the slide in sterling seen since the U.K.'s decision to leave the European Union. The bank decided Thursday to keep interest rates at the record low level of 0.25% and maintan its quantitative easing (QE) purchase targets at up to £10 billion for corporate bonds and £435 billion for U.K. government bonds. Read full article

Comments

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  • ChrisR

    I remember a Matt cartoon in The Daily Telegraph where a BoE 'spokesperson' was saying “and now the Governor will say a few works about the pound” and in the background was The Canuck (at the top of his voice) shouting:

    ARGHHHHH!!!! In utter frustration.

    That just about sums this overpaid Canadian traitor up.

    Nov 05th, 2016 - 05:39 pm - Link - Report abuse -1
  • Briton

    but Brexit uncertainty remains,
    Having MPs that are still determined to stop and reverse the decision does not help,
    it is now public record that nick clegg has stated that he and others will do anything and everything to derail this result,

    and one wonders why investors are rightly worries about investment.

    Nov 05th, 2016 - 09:05 pm - Link - Report abuse 0
  • Meursault

    Does this mean that 2018 will be the year when every bank and manufacturing company packs up and goes to somewhere less racist and with less small man syndrome?

    Nov 06th, 2016 - 06:44 pm - Link - Report abuse -3
  • Kanye

    Introducing the newest Anti-English Troll

    “More Assault”

    Nov 06th, 2016 - 10:15 pm - Link - Report abuse 0
  • Briton

    Meursault
    more trolls, and who is your mentor.

    Nov 07th, 2016 - 08:09 pm - Link - Report abuse 0

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