Bank of England's Mccafferty says BoE would like to get back to position where it can cut or raise rates materially before reversing QE

Market news

13 February 2018

Bank of England's Mccafferty says BoE would like to get back to position where it can cut or raise rates materially before reversing QE

Says I think we can say at this stage that recent moves in stock markets have been a correction
We do face a great deal of uncertainty around brexit negotiations and impact on confidence
Our decisions on rates will depend on how economy evolves

White House sees 10-year treasury note averaging 2.6 pct in 2018 (previous 3.3 pct), 3.1 pct in 2019 (previous 3.4 pct), 3.4 pct in 2020 (previous 3.8 pct)

Reserve Bank of Australia assistant gov Ellis says bit more confident about pick up in wages, inflation

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