LONDON (Reuters) - Uncertainty in the euro zone will continue for the next few years, acting as a drag on the UK economy, Bank of England policy maker Spencer Dale was quoted as saying in a newspaper on Sunday.
Uncertainty in the euro zone will continue for the next few years, acting as a drag on the UK economy, Bank of England policy maker Spencer Dale was quoted as saying in a newspaper on Sunday. Britain is ...
Spencer Dale is leaving the Bank of England (BOE) after 25 years to join BP plc (ADR) (BP). Since the arrival of the new Governor Mark Carney a year ago, there have been numerous changes in the management of the central bank. Mr. Dale was Chief Economist under the previous governor’s tenure before becoming Executive Director for financial stability around two months ago, as part of some major changes brought on by the new governor.
WASHINGTON — The World Bank on Tuesday raised its forecast for global growth for the first time in three years as advanced economies started to pick up pace, led by the United States.
The rosier outlook suggests the world economy is finally breaking free from a long and sluggish recovery after the global financial crisis.
LONDON (Reuters) - Britain's economy is likely to get steadily weaker through the rest of this year, and the Bank of England's future decisions on asset purchases will be largely driven by overseas developments, BoE chief economist Spencer Dale told Reuters.