The Bank of England will update its interest-rate guidance in February after a faster-than-expected fall in unemployment, the central bank’s governor said Friday.
Mark Carney said in a speech at the World Economic Forum in Davos, Switzerland, that the rate-setting Monetary Policy Committee will consider “a range of options” to “evolve” its forward guidance strategy, under which it pledged in August not to…
Read more from the original source: BOE’s Carney to Update Guidance
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