Stories Tagged as
Bank of England
Canadian Mark Carney to lead Bank of England
Carney was most recently the governor of the Bank of Canada.
England, France facing more financial struggles
The Bank of England forecasts this morning the U.K. economy will not grow at all in the coming quarter. Across the channel, the French central bank says the euro's second-largest economy is headed for its own recession. And Germany's being infected by all this through its exports, which fell in June.
Ex-Bank of England member: Central bank action an ominous sign
Markets breathed a sigh of relief last week as central banks around the world agreed to joint action to fight the European debt crisis. But according to someone on the front lines in 2008, this could mean things are worse than we know.