Scott Hamilton News
-
The Bank of England said that it will continually review its forecasting framework and has made it flexible enough to change its central model if needed, according to a research paper published by the central bank today.
-
Federal Reserve Bank of Boston President Eric Rosengren said inflation that has “persistently” stayed below the Fed’s goal is a concern and may suggest policy hasn’t done enough to support growth.
-
Federal Reserve Bank of Philadelphia President Charles Plosser said he favors phasing out the Fed’s purchases of mortgage-backed securities.
-
Bank of England Governor Mervyn King declared a U.K. recovery is now “in sight” as he presented his final forecasts with an improved outlook for the economy.
-
The Confederation of British Industry said company sentiment has improved as Britain’s biggest business lobby group maintained its forecast for growth to pick up over the next two years.
-
U.K. construction output fell to its lowest level in more than 14 years in the first quarter as work on new building projects declined across the industry.
-
The Bank of England left its stimulus program unchanged as officials assess recent signs of strength in the economy after it returned to growth in the first quarter.
-
Bank of England Governor Mervyn King will vote for at least 25 billion pounds ($39 billion) of quantitative easing tomorrow as officials assess new growth and inflation forecasts, said former U.K. policy maker Marian Bell.
-
Euro-area services and manufacturing output shrank for a 15th straight month in April and retail sales fell in March as the 17-nation economy struggled to emerge from recession.
-
U.K. services unexpectedly strengthened in April as new business rose, adding to signs that Britain’s economic recovery may gain momentum.
|
|
Most Popular on Bloomberg
|
| |