It's not 2008 anymore (when the Fed set its current target for rates). Time for the Fed to normalize rates, says Jack Ablin.» Read More
British finance minister George Osborne gave the BoE stronger powers to curb mortgage lending and reduce the risks of the housing market.
The Europeans need to build confidence back into the system, says Charles Kantor, Neuberger Berman, talking with Brian Belski, BMO Capital Markets, about what the ECB needs to do to boost the euro zone economy.
David Bloom, global head of foreign exchange strategy at HSBC, says that the U.K. "rosy environment" is priced in and that it is not the "fantastic story" people think it is.
CNBC's Michelle Caruso-Cabrera reports on whether ECB President Mario Draghi is likely to unveil stimulus measures that will give the euro zone economy a lift.
Lucian Cook, head of residential research at Savills and James Sproule, chief economist at the Institute of Directors, discuss the U.K. housing market and the impact BoE measures have had or could have.
Investors should expect the housing market to be in focus at the Bank of England's June meeting, but a rate hike is not on the cards, CNBC's Helia Ebrahimi reports.
The U.K. economy will expand at its fastest rate this year since 2007, according to forecasts by the BCC out on Friday.
Speculation over when Bank of England will raise rates has started to loom but investors are not preparing for a decision any time soon.
Adam Cole, head of currency strategy at RBC, says he is "constructive" on sterling.
Philip Shaw, chief economist at Investec, and Edmund Shing, global equity portfolio manager at BCS Financial Group, discuss the U.K. economy and how there is still slack in the labor market.
The euro steadied against the dollar on Wednesday and rebounded from a 16-month trough against the British pound.
Marc Ostwald, strategist at Monument Securities, comments on the Bank of England's Inflation Report, saying the bank has a "steady hand" and looks at the breakdown of unemployment "very closely."
Mark Carney, governor of the Bank of England, discusses the impact of the exchange rate on the U.K. recovery.
The U.K. economy continues to face headwinds as the financial sector heals and private and public sector balance sheets continue to be repaired, says Mark Carney, governor of the Bank of England.
Kiran Kowshik, currency strategist at BNP Paribas, discusses the U.K. economy following the release of the latest unemployment data.
John Cridland, director general of the CBI, says the business body expects the Bank of England to raise interest rates in the first quarter of 2015.
John Cridland, director general of the CBI, says British businesses favor staying in the European Union as it provides a strong trading bloc.
Robert Wood, chief U.K. economist at Berenberg, and Chris Watling, CEO of Longview Economics, discuss how inflation influences the Bank of England's decision to raise interest rates.
Richard Batley, senior economist at Lombard, discusses the U.K. housing market and says it is "extremely interest rates sensitive," far more than previously.
The Bank of England left interest rates and asset purchases unchanged on Thursday, despite pressure for it to act to cool the housing market.