Bank of England Governor Mark Carney: it will become clearer “around the turn of this year" whether to start raising interest rates or not

Noticias del mercado

17 septiembre 2015

Bank of England Governor Mark Carney: it will become clearer “around the turn of this year" whether to start raising interest rates or not

Bank of England (BoE) Governor Mark Carney repeated on Wednesday that it will become clearer "around the turn of this year" whether to start raising interest rates or not.

Carney pointed out that it is necessary that GDP and wages will to continue to rise and the inflation will start to firm up before start raising interest rates.

"Then the decision comes into sharper relief and it may become appropriate to begin to withdraw stimulus," he said.

New Zealand's economy expanded at 0.4% in the second quarter

United Kingdom: Retail Sales (YoY) , August 3.7% (forecast 3.8%)

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