T he pound fell slightly against the euro ahead of upcoming economic data releases and a much-anticipated speech by Bank of ...
Sterling climbed to more than $1.25 versus the US dollar after latest ONS data and comments by the Bank of England's chief ...
The UK economy eked out some growth in the final quarter of last year largely helped by a surge in activity in December, data from the ONS showed on Thursday. With the market expecting a contraction, ...
The best way to set monetary policy is “to be cautious,” according to a Bank of England working paper from 2002. It goes on ...
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ABank of England policymaker has called for a cautious approach to interest rate cuts following"uncomfortable" growth figures ...
Last week the rate was cut from 4.75% to 4.5% with the prevailing wisdom suggesting that the threat of a return to higher ...
Catherine Mann, a member of the rate-setting Monetary Policy Committee, insisted a predicted rise in prices would likely just ...
Bank of England policymaker Catherine Mann said on Tuesday that her unexpected vote for a half percentage-point cut in ...
Catherine L. Mann on Thursday surprised investors by voting to lower the key interest rate by half of a percentage point, a larger move than that favored by the majority. Mann had on a number of ...
Despite that vote, Mann said she favors a key rate that is "well above" the 2% to 3% range that neither spurs nor slows growth, as estimated by BOE economists in 2018. That is commonly known as the ...
Mann was one of two members of the BoE's Monetary Policy Committee who last week voted for a half-point cut in interest rates ...