GBP still remains a concern for Bank of England

Nov 06, 2015 07:06 am UTC| Commentary Central Banks

There was once again an 8-1 voting in the Bank of Englands Monetary Policy Committee meeting yesterday for keeping the rates unchanged and the BoE kept the rates on hold, as the markets expected. The minutes still...

US Fed interest rate hike around the corner?

Nov 06, 2015 06:38 am UTC| Commentary Central Banks

US Federal Reserve kept its interest rates near zero for almost a decade now, and this year it has brought in many anticipations around. Markets were pricing for the hike since H2 2015 and now the next likely time is...

U.K. inflation may remain below 1% in H1 16

Nov 06, 2015 06:26 am UTC| Commentary Central Banks

The Bank of England held its policy stance unchanged. The Banks balance of voting was in favor of the status quo as it remained at 8 to 1. Analysts were expecting the central bank to retain the current bank rates. The...

BoE's surprisingly dovish 'Super Thursday'

Nov 06, 2015 05:12 am UTC| Commentary Central Banks

Bank of England indicated that it is not in hurry to raise the rates till 2016, seems like UKs interest rates are set to remain at their lowest levels comfortably till next year. The bank was unexpectedly dovish in...

BoE keeps policy stance unchanged

Nov 06, 2015 04:47 am UTC| Commentary Central Banks

The Bank of England held its policy stance unchanged and the balance of voting remained at 8 to 1 in favour of the status quo, as expected. The minutes of the meeting indicates the members are confident that the poor...

Updated BoE economic forecasts show lower inflation path

Nov 06, 2015 00:48 am UTC| Commentary Central Banks

On growth, the Committee nonetheless expects the overall pace of UK-weighted global growth to be more modest than had been expected in August. There remain downside risks to this outlook, including that of a more abrupt...

UK November MPC: Large uncertainties remain with an increased downward bias

Nov 05, 2015 22:16 pm UTC| Commentary Central Banks

The BoE kept its policy stance unchanged and the balance of voting remained at 8 to 1 in favour of the status quo. The minutes of the meeting highlighted diverging views among Committee members as well as a downside bias,...