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Jan. 25, 2011, 6:31 AM
Nov. 16, 2010, 8:20 AMU.K. inflation unexpectedly rose to 3.2% in October, prompting BoE's King to write his fourth letter this year explaining why inflation is so high. King says the bank is ready to adjust policy in either direction to "ensure that the risks to the outlook in the medium-term remain evenly balanced around the 2% target." | 1 Comment
Nov. 10, 2010, 8:58 AM
Nov. 4, 2010, 8:02 AM
Oct. 26, 2010, 7:28 AMS&P affirms the U.K.'s AAA credit rating and revises its outlook to stable from negative, reflecting "our view of the country's wealthy and diversified economy, fiscal and monetary policy flexibility, and relatively adaptable product and labor markets." GBP +1% vs. USD. (also: U.K. GDP growth) | Comment!
Oct. 26, 2010, 7:20 AMBritain's GDP grew 0.8% in Q3, twice as fast as economists had expected, on the back of a sustained recovery in services and construction. The data will put pressure on BoE to delay additional bond purchases, though a slowdown is still expected over the next two quarters as fiscal tightening takes effect. | 1 Comment
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Country: United States
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