• Bank of England Governor Mark Carney: the timing of the first interest rate hike by the BoE would be "driven by the data"

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15 julio 2014

Bank of England Governor Mark Carney: the timing of the first interest rate hike by the BoE would be "driven by the data"

The Bank of England Governor Mark Carney testified to parliament's Treasury committee today:

  • The timing of the first interest rate hike by the BoE would be "driven by the data";
  • Carney is concerned that "asset price volatility has gone down";
  • The UK housing market is a biggest risk to the durability of the economic recovery.

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