BoE's Broadbent says does not think a couple of 25 basis point increases in a year would be "great shock" to economy - BBC radio

Market news

9 February 2018

BoE's Broadbent says does not think a couple of 25 basis point increases in a year would be "great shock" to economy - BBC radio

Doubling of interest rates from 0.5 percent would not historically represent a big rise
Says now more confident wage growth is improving in UK

Eurostoxx 50 futures down 0.4 pct, DAX futures down 0.1 pct, CAC 40 futures down 0.7 pct, FTSE futures down 0.6 pct, German bund futures open 31 ticks higher at 158.05

Fed's George says three hikes this year and next would be reasonable unless economic outlook changes

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