Wednesday, 31 July 2013

Economy News Headlines - Yahoo! News: BoE readies guidance push, under wraps for now

Economy News Headlines - Yahoo! News
Get the latest economy news headlines from Yahoo! News. Find breaking economy news, including analysis and opinion on top economy stories, photos and more. 
BoE readies guidance push, under wraps for now
Aug 1st 2013, 03:04

The Governor of the Bank of England, Mark Carney, smiles during a television interview after a presentation for the concept design for the Bank of England's new ten pound banknote, at the Jane Austen House Museum in ChawtonBy William Schomberg LONDON (Reuters) - The Bank of England and its new governor Mark Carney will put the finishing touches to a fresh approach to nurturing Britain's nascent economic recovery on Thursday, when the central bank wraps up a policy meeting. But financial markets will probably have wait a few more days before getting details of the long-awaited steer on how long interest rates are likely to stay at their record low. At his Bank first policy meeting nearly a month ago, Carney surprised investors with a warning that they were pricing in a rate hike too soon. ...


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