Mixed Signals From the Bank of England

By |2016-12-01T12:31:34-04:00October 14th, 2014|Categories: Bond Talk|Tags: , , , , |

© 2014 www.bankofengland.co.uk, | CC-BY-ND World markets are expecting a rate increase from the Bank of England for some time now. The probability for a rate increase of 0.25% is at 52%. This will raise current rates of 0.50% up to 0.75%. Mark Carney, Governor of Bank of England has been sending differing signals to the market by emphasizing spare capacity in pay growth within England. This is similar to the chant coming from Janet [...]