Carbon-Dioxide: the gas of life!
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BoE official says bets on 2017 rate rise could be wrong
The deputy governor of the Bank of England has pushed back against expectations that interest rates will rise in 2017, warning that the path implied by markets could be misleading. Ben Broadbent, deputy governor for monetary policy, urged investors not to "focus obsessively" on the Bank's inflation forecasts and the signals it provided through its quarterly Inflation Report. History suggested "policy decisions [were] better correlated with economic growth", he said in a speech on Wednesday. Mr Broadbent stressed that keeping inflation at the Bank's 2pc target was not the only consideration for the Monetary Policy ... (full story)
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Carbon-Dioxide: the gas of life!
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