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.

Dec. 12 -- Mark Carney. Governor VENUE: Interview with Evening Standard

“London is doing well but it is not sufficient to bring the whole country -------------------------------------------------------------------------------- Dec. 10 -- Mark Carney. Governor VENUE: Interview with Birmingham Post

“Our message is that interest rates are going to increase,” he said. “We don’t know the precise timing that will start, but what we are emphasising to businesses, to mortgage-holders, to homeowners and to individuals is that what’s most important is the path of interest rate adjustments. That path is expected -------------------------------------------------------------------------------- Dec. 10 -- Ian McCafferty. Member Monetary Policy Committee VENUE: Speech in Liverpool, England -------------------------------------------------------------------------------- Dec. 8 -- Martin Weale. Member Monetary Policy Committee VENUE: Speech in London

“Persistently slower productivity growth would have two implications for interest rates,” Weale said. “In the short term, interest rates would need to be higher in order to prevent demand running ahead of supply. But over the medium -------------------------------------------------------------------------------- Nov. 26 -- Andy Haldane. Chief Economist VENUE: Interview with Bristol Post -------------------------------------------------------------------------------- Nov. 25 -- Mark Carney. Governor VENUE: Testimony to the Treasury Committee in London

“In recent months, global economic conditions have deteriorated in two of the major economies -- Europe and Japan,” he said. “The geopolitical situation -------------------------------------------------------------------------------- Nov. 24 -- Andy Haldane. Chief Economist VENUE: Interview with BBC -------------------------------------------------------------------------------- Nov. 21 -- David Miles. Member Monetary Policy Committee VENUE: Speech in Amsterdam

"Attempting to provide a specific central path with fans around it is a -------------------------------------------------------------------------------- Nov. 18 -- Ian McCafferty. Member Monetary Policy Committee VENUE: Interview with LBC Radio

"Wages are now starting to outstrip inflation and there are a number of -------------------------------------------------------------------------------- Nov. 16 -- Andy Haldane. Chief Economist VENUE: Text of speech published by BOE

“Even in the U.K., some measures of household inflation expectations have -------------------------------------------------------------------------------- Nov. 16 -- Mark Carney. Governor VENUE: Interview with The Australian newspaper --------------------------------------------------------------------------------

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