Viernes, 15 Diciembre, 2017

Bank of England's Carney says now not the time to raise rates

Britain to hold special two-year parliament session to tackle Brexit Britain''s Prime Minister Theresa May leaves 10 Downing Street in central London. Image Source Reuters
Malita Javier | 20 Junio, 2017, 11:44

The pound sterling fell by nearly a full cent against the dollar on Tuesday after Bank of England governor Mark Carney said now was not the time to raise interest rates, dashing some investors' hopes that the central bank had shifted in that direction.

In the text of a speech that was due to be delivered last week at the annual Mansion House dinner, but was delayed as a mark of respect to the victims of the Grenfell Tower fire in West London, Carney also said that Britain's European Union exit negotiations would signal "the extent to which Brexit is a gentle stroll along a smooth path to a land of cake and consumption".

Trump fortalece a radicales y debilita a moderados en Cuba
Trump también fijó medidas más estrictas para los viajes de los estadounidenses a la isla. Cuba no ha renunciado a estos principios ni renunciará jamás.

Carney said weak wage growth raised questions about the strength of domestic inflationary pressures, and he was unsure how the economy would respond to talks.

The pound lost nearly a cent against the dollar to $1.2694, as the text of a speech due to be delivered by Carney last week showed he would like to see consumption and wages strengthen before the Bank of England hikes rates.

Misión cubana ante la ONU: medidas de Trump destinadas al fracaso
En Cuba dicen que Trump ha sido mal aconsejado sobre su política hacia la isla . Castro, de 86 años, se retirará del poder en febrero de 2018.

Meanwhile, Chancellor Philip Hammond called for smooth Brexit to avoid a "cliff edge" for businesses as the United Kingdom leaves the European Union.

He said firms on both sides of the Channel may "soon need to activate contingency plans".

Gingrich: 'As a Historian I Don't Believe' Trump Investigations Are 'Random Behavior'
I've had college students say they've been threatened with getting beaten up, some of them get death threats. Gingrich states he told Trump it might cost him about $70 million to 80 million. "And is very pugnacious".

"In the coming months, I would like to see the extent to which weaker consumption growth is offset by other components of demand, whether wages begin to firm, and more generally, how the economy reacts to the prospect of tighter financial conditions and the reality of Brexit negotiations". "Before long, we will all begin to find out the extent to which Brexit is a gentle stroll along a smooth path to a land of cake and consumption".

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