- Analytics
- News and Tools
- Market News
- Bank of England Governor Mark Carney: "now is not yet the time to raise interest rates"
Bank of England Governor Mark Carney: "now is not yet the time to raise interest rates"
The Bank of England (BoE) Governor Mark Carney said in a speech on Tuesday that "now is not yet the time to raise interest rates".
"Well the year has turned, and, in my view, the decision proved straightforward: now is not yet the time to raise interest rates," he said.
Carney noted that he wants to see the sustainable economic growth and a rise inflation before the central bank will start raising its interest rates.
The BoE governor pointed out that the U.K. economic growth slowed, while inflation fell due to low oil prices and will remain at low levels for longer.
© 2000-2025. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
