THE COMMENT OF THE DAY In the footsteps of the Fed decided to walk and the Bank of England with Governor Mark Carney, in the first press conference for the presentation of the quarterly inflation report, link rates and their rise with unemployment, setting a limit of 7%. Of course the goal drop in unemployment below 7% will not be achieved before the next three years, explained the banker. This is the so-called "forward guidance" of the BoE, according to which interest rates will remain at 0.5% unless inflation threatens to out of control or seriously be in danger financial stability.
Posted on: Thu, 08 Aug 2013 05:40:51 +0000
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