{"id":27421,"date":"2018-02-08T14:46:00","date_gmt":"2018-02-08T13:46:00","guid":{"rendered":"https:\/\/theworldwidejournal.com\/2018\/02\/08\/bank-of-england-leaves-interest-rates-on-hold-but-hints-that-hike-is-coming-business-live\/"},"modified":"2018-02-08T14:46:00","modified_gmt":"2018-02-08T13:46:00","slug":"bank-of-england-leaves-interest-rates-on-hold-but-hints-that-hike-is-coming-business-live","status":"publish","type":"post","link":"https:\/\/theworldwidejournal.com\/?p=27421","title":{"rendered":"Bank of England leaves interest rates on hold but hints that hike is coming &#8211; business live"},"content":{"rendered":"<p>Britain\u2019s central bank has dropped a clear signal that borrowing costs will rise this year &#8211; possibly in MayGovernor Mark Carney\u2019s press conference &#8211; highlights start hereBank of England leaves rates on holdSays interest rates could rise faster than expectedPound jumps towards $1.40 1.46pm GMT Jeremy Cook of World First has neatly summed up the Bank\u2019s new forecasts:&#8221;This is optimistic stuff albeit underlined by the fairly monstrous caveat that the Brexit that the UK government is able to deliver is a smooth one&#8221; &#8211; @World_First take on BoE forecasts 1.41pm GMT Q: Are you worried that Brexit will undermine confidence in economic forecasting &#8211; as any assumptions you make tend to look political.Mark Carney says that forecasters need to be \u201ctransparent, up front\u201d about the assumptions that underpin any Brexit forecasts. Related: Hard Brexit would cost public finances \u00a380bn, says secret analysis The big picture there is something in these forecasts that tell people about how the economy is going to respond. Continue reading&#8230;<br \/>\nVia: <a href=\"https:\/\/www.theguardian.com\/business\/live\/2018\/feb\/08\/markets-fall-back-ftse-dow-jones-bank-of-england-interest-rate-decision-business\" target=\"_blank\">Bank of England leaves interest rates on hold but hints that hike is coming &#8211; business live<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Britain\u2019s central bank has dropped a clear signal that borrowing costs will rise this year &#8211; possibly in MayGovernor Mark Carney\u2019s press conference &#8211; highlights start hereBank of England leaves rates on holdSays interest rates could rise faster than expectedPound jumps towards $1.40 1.46pm GMT Jeremy Cook of World First [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-27421","post","type-post","status-publish","format-standard","hentry","category-english"],"_links":{"self":[{"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=\/wp\/v2\/posts\/27421","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=27421"}],"version-history":[{"count":0,"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=\/wp\/v2\/posts\/27421\/revisions"}],"wp:attachment":[{"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27421"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27421"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27421"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}