Bank of England deputy governor Ben Broadbent: the U.K. economy recovered solidly

Market news

5 February 2016

Bank of England deputy governor Ben Broadbent: the U.K. economy recovered solidly

Bank of England (BoE) deputy governor Ben Broadbent said on Friday that the U.K. economy recovered solidly, and there is no urgency to hike interest rates. He pointed out that low inflation in the U.K. lead to higher real wages and consumption, and a stronger economic growth.

German seasonal adjusted factory orders decline 0.7% in December

Saudi Arabia cuts its crude prices for customers in Asia

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