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He can try to talk down sterling, but the Big Mac index, based on the cost of one of the world’s favourite fast food item, shows it’s just about right
The Bank of England’s flagship policy of forward guidance on interest rates will “evolve” next month, Mark Carney said yesterday, as he sought again to dampen expectations of an imminent rate rise.
The Bank of England must avoid "pouring oil on the fire" of rising house prices, rate-setter Paul Fisher has warned.
City traders sent the pound soaring following a shock fall in unemployment and the first explicit signal from the Bank of England on how it would handle a hike in interest rates.
Economic View: The better the economy does, the quicker rates rise and the greater the pressure on shares
Increase in interest and mortgage rates would be unwelcome news for Coalition
Unemployment rate fast approaching the Bank's 7% threshold
The housing market is capable of overheating with little warning, a senior Bank of England official said on Friday, amid rising concerns that the Government’s mortgage subsidies could be inflating a fresh property bubble.
Clear signal of intent from Bank Governor is victory for fans of tougher oversight
British consumers are in many instances no better off - all we have been doing is kicking the debt down the road
Banks and other providers are competing for the 'best buy' slot in providing sizeable loans
BoE policymakers voted unanimously to maintain rates at record low
Mark Carney's flagship forward guidance policy was backed by the International Monetary Fund today as the Bank of England Governor marked 100 days at the helm in Threadneedle Street.
Governor says the strength and breadth of the economic recovery means no more cash injections are needed - for now
Economic View: The world ought to have several years of decent cyclical growth until the next recession
Governor Mark Carney defended the Bank of England's radical new forward guidance policy today, insisting it has “reinforced the recovery”.