Bank of England

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Pound Reverses Decline as U.K. Economy Grows More Than Forecast
2017/10/25 15:56
EghtesadOnline: The pound strengthened, reversing an earlier decline against the dollar, after data showed the U.K. economy expanded more than forecast in the third quarter, reinforcing expectations that the Bank of England will raise interest rates next week.
Pound Falls From 11-Month High as BOE Keeps Rates Unchanged
2017/08/03 17:13
EghtesadOnline: The pound slid from an 11-month high versus the dollar and U.K. government bonds rallied after the Bank of England voted to keep interest rates unchanged, while also cutting the country’s economic growth forecast.
U.S. Stocks Mixed Near Records, Pound Drops on BOE
2017/08/03 17:12
EghtesadOnline: U.S. stocks opened mixed as investors assessed the latest batch of corporate results ahead of Friday’s jobs report. The British pound slumped after the Bank of England cut its U.K. growth outlook.
BOE Reviews Consumer Credit Surge as Citigroup Warns of `Bubble'
2017/03/27 16:49
EghtesadOnline: U.K. regulators are starting a review into consumer borrowing after the Bank of England warned again about a potentially unsustainable buildup of debt.
Carney Braces for Brexit Twists as Inflation Unease Grows
2017/02/02 19:49
EghtesadOnline: Mark Carney warned that surprises could still be ahead as the U.K. starts the formal process of leaving the European Union, and the Bank of England is ready to respond accordingly.
Carney’s Balancing Act Gets Trickier as Brexit Saga Hits Pound
2017/01/16 06:57
EghtesadOnline: Mark Carney says his tolerance for faster inflation is limited, and the signs are that those limits will be tested.
Carney Signals Higher Bank Buffer If U.K. Economy Holds Steady
2017/01/12 08:48
EghtesadOnline: Bank of England Governor Mark Carney signaled he could raise banks’ capital requirements as early as this summer should the U.K. economy remain steady following the nation’s vote to leave the European Union.
Softer rate outlook does not justify easier mortgage rules: Bank of England
2016/12/06 13:35
EghtesadOnline: Reduced market expectations of a big rise in interest rates do not mean the Bank of England should loosen rules designed to stop mortgage borrowers getting into difficulty, central bank regulators have agreed.
Bank of England Governor Carney ready to serve full term: FT
2016/10/31 07:06
EghtesadOnline: Bank of England Governor Mark Carney is ready to serve a full eight-year term, despite critics campaigning for him to resign ahead of time, the Financial Times reported on Sunday.
BoE's Broadbent: pound's fall a 'shock absorber' after EU vote - BBC radio
2016/10/17 10:13
EghtesadOnline: Bank of England Deputy Governor Ben Broadbent said the pound's fall after Britain voted to leave the European Union has acted as an important shock absorber for the economy, in a radio interview broadcast on Monday.