18:25:54
Broadbent, Deputy Governor of the Bank of England: The timing of any adjustment can only depend on the actual evolution of economic data.
18:25:12
Bank of England Governor Bailey: There are positive signs of wage and services inflation.
18:25:06
Broadbent, deputy governor of the Bank of England: thinks interest rates may be cut this year.
18:24:34
Bank of England Governor Bailey: We don’t need inflation to return to target before cutting interest rates.
18:24:11
Bank of England Governor Bailey: We are seeing some signs that wage growth is falling in line with lower headline inflation.
18:23:58
Bank of England Governor Bailey: I am looking for more sustained progress to reduce the more persistent elements of inflation.
18:23:35
Broadbent, deputy governor of the Bank of England: Cutting interest rates requires more evidence of falling inflation.
18:22:55
Bank of England Governor Bailey: Hopes to reduce inflation and keep it stable.
18:22:38
Bank of England Governor Bailey: We believe the economy has shown clear signs of recovery.
18:22:32
Bank of England Governor Bailey: CPI is expected to return to target this year.
18:21:38
Broadbent, deputy governor of the Bank of England: More permanent factors in inflation may have peaked.
18:21:31
Broadbent, Deputy Governor of the Bank of England: The issue has shifted from the degree of policy restrictions to the duration of the policy.
18:16:13
Intel (INTC.O) U.S. shares expanded to 5% in pre-market gains.
17:57:09
Riksbank Deputy Governor Floden: I don’t think we will lower policy rates quickly when we start cutting rates.
17:54:26
Floden, Deputy Governor of the Riksbank: To realize the possibility of an interest rate cut in March, the situation must change significantly. At present, I do not see any signs pointing in this direction.
17:53:16
Riksbank Deputy Governor Floden: There is no need to wait for the European Central Bank to cut interest rates.
17:49:29
Riksbank Deputy Governor Floden: If inflation continues to improve, we can ease policy earlier than expected at the November meeting, which I think will be the second or third quarter.
17:47:08
Thailand received 5.2 million foreign tourists from January 1 to February 18, with tourism revenue reaching 254.7 billion baht.
17:45:54
Riksbank Deputy Governor Floden: Inflation in January did not change our view at the last meeting.
17:45:48
The World Health Organization has expressed concern for the safety and well-being of patients and medical staff staying at Al-Nasser Hospital, warning of the risk of more deaths.