Daily Archives: May 14, 2014

Emily Cadman

This morning’s dovish inflation report press conference dampened market expectations of an early rate rise. Here are some of the reasons the Bank believes there is still someway to go before a rate rise is needed:

1. Labour market slack 

John Aglionby

Bank of England Governor Mark Carney will come under pressure when presenting the bank’s quarterly inflation report on Wednesday to explain how the central bank proposes to cool the housing market without derailing the wider economic recovery.

By John Aglionby and Sarah O’Connor