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Ethereum prices are trading at their highest levels since July today on the back of news of Trump’s election success yesterday. A broad move higher across the crypto space has seen ETH futures closing their 90-day gap on the CME, moving above the range highs which have capped price action since the summer. The expectation that a Trump presidency will prove ...
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post: BOE'S BAILEY: **WE DO NOT HAVE A SPECIFIC LEVEL OF THE EQUILIBRIUM INTEREST RATE IN MIND **I DO NOT EXPECT INTEREST RATES TO RETURN BACK TO VERY LOW LEVELS BEFORE WE STARTED TO RAISE THEM, UNLESS THERE IS A VERY BIG SHOCK post: BOE GOV. BAILEY: UNCERTAINTY ABOUT THE UK LABOR FORCE PARTICIPATION ADDS TO UNCERTAINTY ABOUT THE NEUTRAL LEVEL OF UK INTEREST RATES. post: BOE GOV. BAILEY: WE DID REFLECT QUITE CONSIDERABLY ON THE ROLE OF MARKET RATE ASSUMPTIONS FOR THE LATEST FORECAST IN MPC DISCUSSIONS. post: BOE GOV. BAILEY: WE WILL SEE WHERE MARKET INTEREST RATES ARE AT THE DECEMBER MEETING AND JUDGE POLICY ACCORDINGLY. post: BANK OF ENGLAND'S BAILEY: I WILL NOT SPECIFY WHAT GRADUAL MEANS FOR RATE CUTS
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