Carney vs Markets? Really? The Bank of England keeps on - TopicsExpress

Carney vs Markets? Really? The Bank of England keeps on reassuring U.K. businesses that interest rates are set to stay at record lows until at least 2016. Markets suggest investors think the big day will come much sooner. But as long as the high street seems steady and the economy reasonably robust, that may not be such a big deal for the central bank. U.K. government bonds, known as gilts, have been sliding despite BOE chief Mark Carney embarked on unprecedented forward guidance on monetary policy with investors questioning the central bank’s commitment to keep policy relaxed, what with the presence of a string of get-out clauses. ... Read more : forex-tsd/financial-news-analytics/26338-forex-news-475.html#post630810

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