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.

Sept. 25 -- Mark Carney. Governor VENUE: Speech in Wales

“With many of the conditions for the economy to normalize now met, the point at which interest rates also begin to normalize is getting closer,” Carney -------------------------------------------------------------------------------- Sept. 25 -- ​Nemat Shafik. Deputy Governor VENUE: Interview with Yorkshire Post

“If wage increases are expected but productivity is performing well we can wait for longer; if those wage increases are not accompanied by productivity -------------------------------------------------------------------------------- Sept. 10 -- Martin Weale. Member Monetary Policy Committee VENUE: Testimony to the Treasury Committee in London

-------------------------------------------------------------------------------- Sept. 10 -- David Miles. Member Monetary Policy Committee VENUE: Annual Report to the Treasury Select Committee

“Because the inflation outlook is benign, with both cost pressures on firms and inflation expectations of households relatively subdued, I do not think -------------------------------------------------------------------------------- Sept. 10 -- Mark Carney. Governor VENUE: Annual Report to the Treasury Select Committee

“It is my judgement that, consistent with the guidance and our forecast, as the economy has continued to normalize, we have moved closer to the point at -------------------------------------------------------------------------------- Sept. 9 -- Mark Carney. Governor VENUE: Speech in Liverpool, England

“The precise timing of the first rate rise is less important than our expectation that, when rates do begin to rise, those increases are likely to be gradual and limited. Rates will go up only as far and as fast as is consistent with price stability as part of a durable expansion, with the maximum sustainable level of employment,” Carney said. "With many of the conditions for --------------------------------------------------------------------------------

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