Bank of England Governor Mark Carney said central banks might not be able to fig...
FILE PHOTO: Mark Carney, Governor of the Bank of England listens at a Bank of England Financial Stability Report news conference in London, Britain December 16, 2019. Kirsty Wigglesworth/Pool via REUTERS
“It’s generally true that there’s much less ammunition for all the major central banks than they previously had and I’m of the opinion that this situation will persist for some time,” Carney told the newspaper in an interview published on Tuesday. The BoE has raised interest rates to just 0.75%, a fraction above their emergency financial crisis levels. The U.S. Federal Reserve, which unlike most other central banks raised borrowing costs in recent years, cut them three times in 2019.
The FT quoted Carney as saying the BoE was looking into the issue of its reduced monetary policy options.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Fed’s Williams Stresses Need to Stick to 2% Inflation TargetFederal Reserve Bank of New York President John Williams said Sunday that low global interest rates are here to stay, which should lead central bankers to renew their commitment to inflation goals.
Consulte Mais informação »
Mideast tensions may exacerbate stagflation risks, long-time investor Rich Bernstein warnsInstitutional Investor hall of famer Richard Bernstein believes escalating Mideast tensions could put central banks in a painful spot.
Consulte Mais informação »
Weinstein charged with sex crimes in LA on eve of NY trialMore trouble for Harvey Weinstein as prosecutors bring new sex crime charges against him in Los Angeles just hours after he appeared in a New York court to face other sexual assault cases
Consulte Mais informação »
Ailing Eskom's new CEO takes helm with power shake-up on agendaEskom's new chief executive took charge of the struggling state-owned utili...
Consulte Mais informação »