Bank of England Governor Mark Carney has admitted his surprise Mansion House speech last month was deliberately designed to 'shake up the markets'.
Bank of England Governor Mark Carney has said the 'new normal' for interest rates in the UK will be around 2.5%, a level he predicted they may reach by 2017.
Sterling has fallen back below $1.70 after Bank of England Governor Mark Carney sounded a more dovish tone on base rate rises.
Mark Carney's move from Canada to London cost the Bank of England nearly £200,000 - which, in addition to his £870,000 salary - makes him Britain's first £1m governor.
The governor of the Bank of England has told the UK to prepare for a potential rise in interest rates this year.
Bank of England Governor Mark Carney has tried to defuse expectations of an imminent rate hike by saying it would "not be the right tool" to deal with the UK's booming housing market.
The governor of the Bank of England, Mark Carney, has warned the 2% target for inflation has become a "dangerous distraction" for the UK's policymakers.
Bank of England governor Mark Carney has said rates could be as high as 3% over the medium term, endorsing comments made by colleague Charles Bean earlier this week.
Important lessons have already been learnt this year