interest rate

Mark Carney has moved to defend the Bank of England's 'forward guidance' policies and said further stimulus may be necessary keep the UK economic recovery on course.

Charlie Bean, the deputy governor of the Bank of England (BoE), has said the Bank has sent a "clear signal" it won't increase interest rates anytime soon as he expressed some surprise at investors' reaction to its position.

FIXED INCOME

Fixed income managers have cautioned the Bank of England (BoE) will be forced to backtrack on its forward guidance measures as it has been too pessimistic over the state of the UK economy.

Bank of England (BoE) governor Mark Carney is to unveil new guidance later today, giving the country more certainty on interest rates and economic stimulus.

Bank of England Governor Mark Carney will this week set out his long-awaited strategy for interest rates with a set of policies designed to reassure borrowers that rates will stay low for many months to come.

QUICK QUIZ

Savers are set to lose out as the interest rate paid on longer-term savings products has hit a nine-year low, the Telegraph reports.

JP Morgan multi-asset income fund manager Olivia Mayell gives a run-down of the seven investment and economic themes she sees emerging - from interest rates to global equities.

FIVE THINGS