The Bank of England warned of an “unusually uncertain” outlook for the UK economy, and policymakers said they would explore how negative rates could be implemented effectively. Rates remained unchanged near zero, as officials said they would continue to monitor the situation closely, and would not tighten monetary policy until […]

The Bank of England is being too pessimistic about the UK’s growth potential in the coming years, according to Pantheon Macroeconomics. Mark Carney and his staff are underestimating the UK’s rate of trend growth. They believe it to be around 1.5%, while Samuel Tombs and his Pantheon team see growth […]

The Bank of England left interest rates unchanged at 0.5% on Thursday in its first monetary policy decision of 2018 The rate was widely expected to remain unchanged, although the bank is expected to raise rates once or twice this year. Bank signalled that interest rates could now rise faster […]

Bank of England leaves monetary policy unchanged, with its base interest rate remaining at 0.5%. Britain’s central bank had been widely expected to leave policy unchanged after raising interest rates at its last meeting in November. “Any future increases in Bank Rate are expected to be at a gradual pace […]

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