CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the High risk of losing your money.

BoE's Carney: BoE retains the ability to relaunch term funding scheme as necessary

2019-06-18 22:05

While speaking at the policy panel at the European Central Bank (ECB) Forum on Central Banking in Sintra, Portugal, Bank of England Governor Mark Carney said that in exceptional circumstances, like Brexit, the Monetary Policy Committee (MPC) could extend the horizon over which it returns to the inflation target.



Key quotes (via Reuters)




  • Says his comments at ECB panel have no bearing on BoE policy announcement on Thursday.

  • It has been critical for the Bank of England to pursue flexible inflation targeting.

  • Flexibility cannot be used without limit, MPC has set out framework for policy trade-off.

  • Experience in euro area and UK shows how forward guidance can be effective in managing expectations.

  • BoE retains the ability to relaunch term funding scheme as necessary.



 


This article is published only for general use basic informatory purposes and should not be considered or depended on as a financial or investment advice. Investors should make sure that they understand the risks and seek independent financial advice at all times. CFDS ARE COMPLEX INSTRUMENTS AND COME WITH A HIGH RISK OF LOSING MONEY RAPIDLY DUE TO LEVERAGE.

Economic news

    Exchange Rates

    GBPUSD +0.04% 1.30181
    EURUSD -0.02% 1.18088
    XAUUSD +0.05% 1902.93
    XTIUSD +0.10% 38.743
    NAS100 -0.11% 11506
    US30 -0.11% 27673.8