Bank of England Recent Policy Comments and Decisions

The following is a compilation of policy statements and decisions from the Bank of England’s Monetary Policy Committee and Deputy Governors.

June 29 -- Spencer Dale. Chief Economist VENUE: Interview with Mail on Sunday -------------------------------------------------------------------------------- June 29 -- Charles Bean. Deputy Governor VENUE: Interview on Sky News

“It might be reasonable to think that in the long term you would go back to -------------------------------------------------------------------------------- June 28 -- Mark Carney. Governor VENUE: Interview with Belfast Telegraph

The "appropriate path for interest rates is likely to be limited increases,” he said. “The exact timing of the start of that process will be -------------------------------------------------------------------------------- June 28 -- Jon Cunliffe. Deputy Governor VENUE: Interview with Telegraph

You need to be “quite careful, particularly when you’re at the zero bound -------------------------------------------------------------------------------- June 27 -- Mark Carney. Governor VENUE: Interview on BBC Radio 4

“The economy is performing the strongest of all the advanced economies and inflation is back under control,” he said. "The big picture is not whether the -------------------------------------------------------------------------------- June 26 -- Mark Carney. Governor VENUE: Interview on Channel 5 -------------------------------------------------------------------------------- June 24 -- Mark Carney. Governor VENUE: Testimony to the Treasury Committee in London

“The best collective judgment of the MPC, which I share, is that there’s -------------------------------------------------------------------------------- June 22 -- David Miles. Member Monetary Policy Committee VENUE: Opinion in Telegraph

"It now seems to me much more likely that a normalisation of monetary policy starting at some point in my remaining year on the MPC will become appropriate," he said. "Because the inflation outlook is benign, with both cost pressures on firms and inflation expectations of households relatively subdued, -------------------------------------------------------------------------------- June 20 -- Andy Haldane. Chief Economist VENUE: Interview with Yorkshire Post -------------------------------------------------------------------------------- June 19 -- Ian McCafferty. Member Monetary Policy Committee VENUE: Speech in London

“Faced with such uncertainties about the likely pace of absorption of slack, a prudent policy maker, in my view, would want to start to remove some of -------------------------------------------------------------------------------- June 19 -- Martin Weale. Member Monetary Policy Committee VENUE: Interview with BBC Radio Ulster

“As things stand at the moment I don’t see the case for an increase in interest rate,” he said. "I would be surprised if that were to change in the very near future.’’ "Later in the year would be a different matter. I will have -------------------------------------------------------------------------------- June 18 -- Andy Haldane. Chief Economist VENUE: Speech in Scarborough

“There is consensus across the MPC on three key elements of our monetary strategy: that any rate rise need not be immediate, that when rate rises come -------------------------------------------------------------------------------- June 18 -- Martin Weale. Member Monetary Policy Committee VENUE: Speech in Belfast -------------------------------------------------------------------------------- June 17 -- David Miles. Member Monetary Policy Committee VENUE: Interview in The Times

“Consistently, growth has come in stronger” than expected, Miles said. “The longer that lasts, clearly one starts to change one’s view of how robust the -------------------------------------------------------------------------------- June 15 -- Charles Bean. Deputy Governor VENUE: Interview in Sunday Times -------------------------------------------------------------------------------- June 12 -- Mark Carney. Governor VENUE: Speech in London

“There’s already great speculation about the exact timing of the first rate -------------------------------------------------------------------------------- June 11 -- Ben Broadbent. Member Monetary Policy Committee VENUE: Testimony to the Treasury Committee in London

“A rise in interest rates, when it comes, isn’t something that happens whimsically or arbitrarily; it would happen for a reason, because the economy is -------------------------------------------------------------------------------- June 9 -- Ian McCafferty. Member Monetary Policy Committee VENUE: Interview on LBC radio

The time “is approaching” for interest rates to start to rise “back to a --------------------------------------------------------------------------------

Before it's here, it's on the Bloomberg Terminal.
LEARN MORE