BOE Won't Raise Rates Before Mid-2016: Pimco's Amey

The Bank of England won't raise interest rates before the middle of next year, with the U.K. core inflation rate still facing downward pressure from the appreciation of sterling, according to Michael Amey, fund manager at Pacific Investmnet Management Co. He spoke in an interview on Bloomberg Television' "The Pulse" with Guy Johnson and Francine Lacqua. (Source: Bloomberg)

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47:23 - Bloomberg Surveillance hosted by Tom Keene and Francine Lacqua. Guests include Steven Major, global head of fixed income at HSBC, Stan Collender, executive vice president at Qorvis MSLGROUP, and Brian Levitt, senior investment strategist at OppenheimerFunds. (Source: Bloomberg)
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