Bank of England Governor Mark Carney opened the door to extending his tenure at the central bank to help the U.K.’s transition out of the European Union. “Even though I have already agreed to extend my time to support a smooth Brexit, I am willing to do whatever else I can in order to p...
Mark Carney, Governor of the Bank of England, is now delivering his remarks before the Parliament's Treasury Select Committee MPC doesn't have a forecast for no deal Brexit There are some advantages to run succession process once candidates know the exact form...
James Bullard comments; Trump has more influence on the Fed with appointments than with his tweets Most of my colleagues see a high chance of a September rate hike
RBA's Lowe says any rate move seems way off, adds that next move is likely to be up rather than down
Mark Carney will have his chance to put speculation about his future as Bank of England governor to rest when he faces lawmakers on Tuesday. The U.K. parliament’s Treasury Committee’s session is billed as seeking evidence on BOE policy and its most recent economic forecasts, but it’s Ca...
ZAR falls by more than 2% against the USD. South Africa's Q2 GDP showed a contraction of 0.7% q/q - heavily missing expectations of a 0.6% q/q growth. That sees the economy entered its first recession (Q1 showed a decline of 2.6%) in almost a decade - since the financial crisis. Farming...
Comments from the Iranian President Rouhani, as he speaks about the impact of the economic war on the country’s oil and exports. Key Headlines: Iran will exert 'every effort' to pump and export oil. Iran will continue to pump oil though there may be...
1. UK construction PMI/ BOE inflation report hearings in focus The UK construction PMI for August is due for release today, with the figure expected to come in at 55.0, down from July’s 55.8 reading. Meanwhile, the Bank of England (BOE) inflation report hearings, due at...
The Reserve Bank has left the cash rate on hold at 1.5 percent less than a week after the first of the Big Four banks disregarded the official interest rate and increased costs for borrowers. Commonwealth Bank, ANZ, and National Australia Bank chiefs are now weighing up whether to follo...
UK Treasury and BoE are in discussions about Mark Carney staying as Governor beyond the end of June 2019, adds that extension might be less than a year, according to BBC
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