Bank of England Governor Mark Carney said the BoE would only cut its economic fo...
LONDON - Bank of England Governor Mark Carney said the BoE would only cut its economic forecasts to reflect the risk of a no-deal Brexit if Britain’s next prime minister makes leaving the European Union without a transition agreement his preferred policy.
Last week, the BoE acknowledged the disconnect between the “smooth” Brexit scenario that underpins its forecasts and a more chaotic exit from the EU that many investors are increasingly thinking might happen and that could lead to interest rate cuts. These forecasts underpin the BoE’s main message to financial markets that interest rates are likely to go up in a “limited and gradual” way if a Brexit deal can be done.
“I don’t think it’s a communications failure on our side. I don’t think it’s a sign of loss of credibility over the Committee’s commitment to the inflation target,” he said.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Illiquid investment funds 'built on a lie', BoE's Carney saysBank of England Governor Mark Carney said investment funds that include illiquid...
Leer más »
Highlights: Bank of England's Carney speaks in parliamentBank of England Governor Mark Carney and other top officials from the central ba...
Leer más »
Deutsche Bank’s Equities Chief Expected to Leave Amid Planned OverhaulDeutsche Bank’s global head of equities is expected to leave the bank, the latest move in a planned downsizing of the German lender’s investment bank, according to people familiar with the matter.
Leer más »
Central bankers weigh up Facebook's Libra planA senior member of the Swiss National Bank said he was open-minded about Faceboo...
Leer más »
After failed Fed bid, Stephen Moore reportedly takes role at cryptocurrency ‘central bank’Stephen Moore’s didn’t get a chance to join the Federal Reserve board, but the controversial conservative economic adviser will reportedly soon be playing a...
Leer más »
Oman to open embassy in Palestinian territories' West Bank: foreign ministryOman said on Wednesday it was planning to open a new diplomatic mission in the I...
Leer más »