World News Insights
1-3 Minute Gist

All Topics Article

BOE to Keep Rates Low Even After Jobless Goal Is Met

Wall Street Journal Original article ›

Keywords:

LyrArc Article Gist
Bank of England minutes for the Jan 8-9, 2014 meeting show officials saying "they saw no immediate need to raise the Bank Rate even if the 7% unempoyment threshhold were to be reached in the near future." This comes as the unemployment rate average in 3 months to November 2013 was shown at 7.1%, according to the Office of National Statistics. The rate declined from 7.4% in the previous three months. In August 2013 Bank of England officials said unemployment would have to fall to 7% before raising the Bank's benchmark interest rate. The Bank of England has set the bechmark rate at a low of 0.5% and the size of the bond buying program at 375 billion pounds.

Bank of England and inflation targets 2010-2016

02/13/2013

Grouped Articles

The Bank of England's Guidance Gamble

Wall Street Journal 08/09/2013

Bank of England Retains Low Interest Rate

New York Times 10/10/2013

BOE to Keep Rates Low Even After Jobless Goal Is Met

Wall Street Journal 01/23/2014

BOE Guides to More of the Same

Wall Street Journal 01/23/2014

Inflation in Britain Falls to Lowest Rate in 15 Years

New York Times 01/13/2015

The economy after the election: The climb to come

Economist 05/09/2015

Bank of England policy on interest rates under Governor Mark Carney- 2013-2016

08/08/2013

Grouped Articles

In Shift, Bank of England Pledges Low Rates

Wall Street Journal 08/08/2013

Britons Digest Carney's Message

Wall Street Journal 08/09/2013

The Bank of England's Guidance Gamble

Wall Street Journal 08/09/2013

Bank of England Retains Low Interest Rate

New York Times 10/10/2013

BOE to Keep Rates Low Even After Jobless Goal Is Met

Wall Street Journal 01/23/2014

BOE Guides to More of the Same

Wall Street Journal 01/23/2014

Unemployment in Britain 2010-2015

11/16/2011

High unemployment in the UK as it reaches 8.4% for the fourth quarter of 2011.

Grouped Articles

The Next First (and Only) 100 Days

New York Times 12/10/2011

BOE to Keep Rates Low Even After Jobless Goal Is Met

Wall Street Journal 01/23/2014

BOE Guides to More of the Same

Wall Street Journal 01/23/2014

Tesco to Add 20,000 U.K. Jobs

Wall Street Journal 03/04/2012

The world economy: Wealth without workers, workers without wealth

Economist 10/06/2014

In U.K. Election, It’s Jobs Boom vs. Stagnant Wages

Wall Street Journal 05/07/2015

Britain's perilous path with austerity cuts, inflation and lower economic growth- 2011-2015

06/22/2010

Grouped Articles

The economy: On a wing and a credit card

Economist 07/08/2013

U.K. Moves To Tackle Income Squeeze

Wall Street Journal 08/20/2013

The Curious Case of Britain's Economic Recovery

Wall Street Journal 10/21/2013

U.K. Politicians Vie to Address Fall in Living Standards

Wall Street Journal 11/18/2013

U.K. Government Prepares For Deep Budget Cuts

Wall Street Journal 06/22/2010

British Towns and Institutions Reel From First Austerity Cuts

New York Times 08/09/2010

Inflation in Britain 2012-2017

11/14/2012

Grouped Articles

U.K. Moves To Tackle Income Squeeze

Wall Street Journal 08/20/2013

As the Working Poor Become More Common in Britain, So Does Hunger

New York Times 01/02/2014

BOE to Keep Rates Low Even After Jobless Goal Is Met

Wall Street Journal 01/23/2014

BOE Guides to More of the Same

Wall Street Journal 01/23/2014

Bank of England Flexes Further on Inflation

Wall Street Journal 02/13/2013

Eurozone Inflation Continues Its Slide

New York Times 07/31/2014


Support LyrArc

We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.

Support Lyrarc from as small as $1


Copyright © 2006 - 2026 Intelilinks LLC
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us