Economics

Carney Seen Echoing Fed in Tying BOE Guidance to Data: Economy

Lock
This article is for subscribers only.

Mark Carney will align Bank of England policy closer to the Federal Reserve next month by tying guidance on interest rates to economic developments, according to the Bloomberg monthly surveyBloomberg Terminal of economists.

In the poll of 43 analysts taken after the BOE signaled interest rates will stay at a record low longer than investors bet, 23 said the governor will opt to link a pledge on loose policy to economic data. Eighteen said he will use a period of time instead.