Bank of England’s Carney tells investors they are too relaxed on rates

LONDON (Reuters) – Bank of England Governor Mark Carney said on Thursday investors were underestimating how much interest rates could rise, even as the British central bank kept borrowing costs on hold due to Brexit uncertainty. Sounding more hawkish than Read more ›

S.Korea chief says may change policy course if ‘recovery sentiment’ worsens

SEOUL, March 25 (Reuters) – South Korea’s central bank chief on Monday said the bank may change its current cautious stance on monetary policy should “recovery sentiment” worsen significantly, signaling it could ease policies if needed. “We can think about Read more ›

UK short-run inflation expectations edge up to 2.7 percent – Citi/YouGov

FILE PHOTO: Shoppers are reflected in a shop window as they walk along Oxford Street on the last Saturday before Christmas, in London December 21, 2013. REUTERS/Luke MacGregor/File Photo LONDON (Reuters) – The British public’s expectations for inflation over the Read more ›

Column: Hedge funds, smelling Brexit blood, circle sterling

LONDON (Reuters) – Hedge funds are betting big against sterling, the most since May last year. And following last week’s Brexit debacle in Salzburg, that bet will probably be even bigger now, closing in on the largest on record. FILE Read more ›

BoC’s Poloz says gradual approach appropriate in face of digital disruption

TORONTO (Reuters) – Taking a gradual, data-dependent approach to monetary policy can help manage risk to the inflation outlook in the face of economic uncertainties such as digital disruption, Bank of Canada Governor Stephen Poloz said on Saturday. FILE PHOTO: Read more ›

UK year-ahead inflation expectations highest since December 2017 – Citi/YouGov

LONDON (Reuters) – Rising oil prices have pushed up the British public’s expectations for inflation over the coming year to their highest since December, a monthly YouGov survey for Citi showed on Wednesday. FILE PHOTO: Fuel pumps are seen at Read more ›

Turkey’s lira falls 3 percent, Trump won’t take pastor’s detention ‘sitting down’

ISTANBUL (Reuters) – Turkey’s battered lira weakened 3 percent on Friday after a Turkish court rejected an American pastor’s appeal for release, drawing a stiff rebuke from President Donald Trump, who said the United States would not take the detention Read more ›

BoE’s Carney – policy needs to walk, not run

LONDON (Reuters) – The Bank of England’s approach to policy should be to “walk – not run”, Governor Mark Carney said on Thursday after the central bank raised rates to a new post-financial crisis high of 0.75 percent. FILE PHOTO: Read more ›

BoE’s Carney – rates could end up higher in many Brexit outcomes

LONDON (Reuters) – Bank of England Governor Mark Carney said on Thursday there were many ways that the eventual outcome of Britain’s divorce with the European Union could result in higher interest rates. FILE PHOTO: Mark Carney, Governor of Bank Read more ›

BoE’s Carney says one rate rise a year a good rule of thumb – BBC

LONDON (Reuters) – Financial market expectations of one Bank of England interest rate rise a year for the next few years are a good rule of thumb, BoE Governor Mark Carney told the BBC after the central bank raised interest Read more ›