The Bank of England's latest monetary policy meeting shows that they will keep their interest rate at 0.5 percent. Adam Cole, head of currency strategy at RBC weighs in, adding that the next "stumbling block for U.K. policies" will be wage negotiations.» Read More
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".
Ed Ponsi, Managing Director at Barchetta Capital Management compares the resilience of the U.K pound to the underdog boxer Rocky.
Sam Hill, fixed income strategist at RBC, explains that the IMF's lower growth forecasts for the U.K. proves that there is a limit to what monetary policy can achieve.
Philip Shaw, chief economist at Investec, discusses the Bank of England's minutes and explains why he expects another round of asset purchases.
Michael Gallagher, director of research at IDEAglobal, talks about the impact the change of leadership at the Bank of England has and will have on the U.K.'s macro picture.
A top Federal Reserve official on Friday defended the central bank's dual mandate of full employment and price stability, but also said he's optimistic the economy is gathering strength.
Anthony Grisanti of GRZ Energy looks at what's moving gold.
After gold plunged Thursday, pros disagreed on how to trade it but came to a consensus on what's pushing it lower.