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,...
The Czech National Bank has left rates unchanged,but the board has started to cast a shadow
Nov 05, 2015 18:28 pm UTC| Commentary Central Banks
The CNB has left rates unchanged, and the FX floor remains at EUR/CZK27. The statement no longer included the sentence that the exit would not occur before H2 16. However, Governor Singer said that the floor would probably...
Nov 05, 2015 16:49 pm UTC| Commentary Central Banks
The Monetary Policy Committee voted 8-1 to maintain interest rates unchanged at todays meeting. MPC member Ian McCafferty again voted for a 25bp rate increase. The consensus and forecast estimate was a 8-1 vote on rates....
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