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
Chris Giles, economics editor at The Financial Times, discusses the upcoming Bank of England interest rate decision, which will be Mervyn King's last.
Outgoing Bank of England governor Sir Mervyn King is to appear on BBC Radio 4's Desert Island Discs on Sunday. He will be asked to choose various items he would like to have with him if he was stranded on a desert island.
James Bullard, president and CEO of St. Louis Federal Reserve Bank, says the Fed has learnt from the Bank of England's "ruled-based" policy but that the on "forward guidance", it hasn't been as good as the Fed.
Ben Broadbent, member of the Monetary Policy Committee at the Bank of England, tells CNBC they are not pre-committed to any particular path at the Bank of England and there's still a case for having extremely easy monetary policy.
Ben Broadbent, member of the Monetary Policy Committee at the Bank of England, tells CNBC that Japan is in the midst of a big monetary experiment, so volatility in equity and bond markets should be seen in that context.
Lothar Mentel, chief investment officer at Tatton Investment, says the weak economic figures and low inflation globally are supportive of further central banks' action.
Bill O'Neill, head of chief investment at Wealth Management Research, UBS, talks to CNBC about the changeover of leadership in the Bank of England and the state of the British economy.
Bank of England chief Mervyn King should be the bearer of some good news on Wednesday in his final forecasts before handing the reins to Mark Carney, even if the British economy remains far from healthy.
A Bank of England official commented on the Bloomberg controversy, with CNBC's Kayla Tausche and Steve Liesman.
The Bank of England has commented on the Bloomberg breach. CNBC's Steve Liesman has the details.
Joe Rundle, head of trading at ETX Capital, explains why despite expectations of very slow growth in the UK, the market will continue going higher.
Paul Donovan, global economist and managing director at UBS, explains that the BoE doesn't need to increase its stimulus program as the funding for lending scheme money should start to trickle through to the economy.
Allister Heath, editor at CITYAM and Hugo Dixon, editor at large at Reuters, comments on the U.K.'s economy ahead of the BoE's rate decision, and the effect monetary policy has had until now.
Stephen Isaacs, chairman of the investment committee at Alvine Capital, says the Bank of England is unlikely to do anything new until Mark Carney's arrival and why its mandate might be expanded then.
James Ashley, Senior Economist at RBC Capital Markets says more QE from the Bank of England is highly unlikely. He does not see the U.K. slipping into recession but says the economy will go through a long and slow process of growth.
George Buckley, Chief UK Economist at Deutsche Bank thinks the Bank of England does not need to implement any more quantitative easing. Nicholas Ferres, Investment Director, Global Asset Allocation of Eastspring Investments joins in the conversation.
Neil Irwin, author of The Alchemists, says the Fed is likely to send a message of continuity and discusses what is now needed to be a successful central banker.
Elsa Lignos, G10 currency strategist at RBC Capital Markets, remains positive on the U.K. pound and expects it to strengthen.
Geoffrey Dicks, chief U.K. economist at Novus Capital Markets, warns that the U.K. GDP figure is preliminary and might be revised down and explains that another round of stimulus is unnecessary.
Mike Amey, portfolio manager at Pimco, discusses expectations for the U.K's first quarter GDP and says the government "missed the trick on the funding for lending scheme".