After Carney surprise, chance of May BoE rate hike down but not out [Reuters]
Bank Nova Scotia Halifax Pfd 3 Ordinary Shares (BNS)
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Source: Reuters
After Carney surprise, chance of May BoE rate hike down but not out | Reuters 6 Min Read LONDON (Reuters) - Bank of England Governor Mark Carney surprised investors last week when he hinted that interest rates might not go up next month - but economists say it would be wrong to rule out an increase. ‘Forward guidance’ about central bank policy intentions was Carney’s signature policy when he arrived at the BoE from Canada in 2013. Yet even now, as he nears the end of his British sojourn, financial markets are still trying to figure him out. “The Bank of England has been behaving like the Grand Old Duke of York,” said Lena Komileva, managing director of G+ Economics, likening Carney to the commander mocked in a British nursery rhyme for leading troops pointlessly up and down a hill. Since the second half of last year, the BoE has warned that Britain’s economy is at risk of persistent inflation even as the approach of its exit from the European Union causes growth to lag that of other r
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Earnings
- 2/27/24 - Beat
BNS
Sec Filings
- 3/28/24 - Form 424B2
- 3/28/24 - Form 424B2
- 3/28/24 - Form 424B2
- BNS's page on the SEC website