Carney's Bank of England readies guidance push, under wraps for now
From reuters.com
The Bank of England and its new governor Mark Carney will put the finishing touches to a fresh approach to nurturing Britain's nascent economic recovery on Thursday, when the central bank wraps up a policy meeting. But financial markets will probably have wait a few more days before getting details of the long-awaited steer on how long interest rates are likely to stay at their record low. At his BoE first policy meeting nearly a month ago, Carney surprised investors with a warning that they were pricing in a rate hike too soon. That pushed down sterling and British government yields, and launched Carney's ...
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