LONDON, Aug 4- Sterling bounced on Friday, a day after posting its biggest daily loss in a month, as some investors consolidated positions after the Bank of England kept interest rates at record lows and lowered its growth and inflation forecasts. "I find it a little odd that the central bank is striking a dovish stance when underlying data is positive and UK company...
David Stubbs, global markets strategist at JPMorgan Asset Management, speaks about the U.K. banking sector and how gilt yields could respond to Brexit.
*BoE keeps Bank Rate at 0.25 pct. LONDON, Aug 3- The Bank of England kept interest rates at a record low again on Thursday and cut its forecasts for growth and wages as it warned that Brexit was weighing on the economy. Governor Mark Carney nonetheless sought to keep alive the possibility of one next year.
*BoE keeps Bank Rate at 0.25 pct. LONDON, Aug 3- The Bank of England kept interest rates at a record low again on Thursday and, seeing Brexit weighing on the economy, cut its forecasts for growth and wages. Governor Mark Carney nonetheless sought to keep alive the possibility of one next year.
*U.S. yields fall in line with tumbling U.K. bond yields. Thursdays decision sent yields on 10- year U.K. government debt tumbling to their lowest since June 28. They are again walking back policy, said Tom di Galoma, a managing director at Seaport Global Holdings in New York.
Mark Carney, governor of the Bank of England, speaks about his institution's role in Brexit negotiations.
LONDON, Aug 3- The Bank of England kept interest rates at a record low again on Thursday and cut its forecasts for growth and wages as Brexit weighs on the economy. The BoE saw the impact of Brexit-- Britain's leaving the European Union-- dampening household spending power. It now expects Britain's economy to grow by 1.7 percent this year, down from its May forecast of...
Bank of England governor Mark Carney said that the UK economy would remain "sluggish" in the near-term, after the BOE cut its growth forecast for Britain from 1.9 to 1.7 percent.
UK business investment is at a "historic" low rate because of Brexit-related uncertainty but will pick up slightly, Bank of England governor Mark Carney said after the institution left rates unchanged.
Bank of England Governor Mark Carney discusses the impact of Brexit and a slide in the value of the pound after the BOE left interest rates unchanged.
UK growth will fall after Brexit, and upside pressure could lead the Bank of England to think it’s time for a rate hike, Kallum Pickering, senior UK economist at Berenberg said.
Bank of England Governor Mark Carney discusses how jobs and wages in the U.K. are being impacted by Brexit uncertainty.
LONDON, Aug 3- The Bank of England kept interest rates at a record low once again on Thursday and trimmed its forecasts for economic growth both this year and next. It saw the impact of Brexit-- Britain's leaving the European Union-- weighing on households' spending power. The BoE said it now expects Britain's economy to grow by 1.7 percent this year, down from its May...
The Bank of England (BOE) held interest rates steady at 0.25 percent on Thursday, as expected, while largely sticking to its previous assumptions for growth and inflation over the three-year forecast horizon.
The Monetary Policy Committee voted by a majority of 6-2 to keep rates at record low levels in August.
CNBC's Gemma Acton and Andrew Sheets, Morgan Stanley Chief Cross-Asset Strategist, discuss concerns that the Bank of England faces.
Mitul Patel, head of interest rates at Janus Henderson Investors, discusses the Bank of England's potential to raise interest rates.
CNBC's Gemma Acton speaks about factors that could impact the Bank of England's interest rate decision.
CNBC's Steve Liesman reports the latest tracking of third quarter GDP expectations and comments made by Cleveland Federal Reserve President Loretta Mester.
CNBC's Steve Liesman sifts through the latest data on private sector jobs, and Mark Zandi, Moody's Analytics adds perspective.