Bank of England wary of China risks but UK outlook steady

Thoughts of China occupy the MPC as BoE releases September decision

bank-of-england-head-on
Bank of England Building, London

Global developments have not "materially" affected the Bank of England's outlook, but "greater downside risks" warrant close monitoring, the Monetary Policy Committee (MPC) said today (September 10), as it kept the bank rate unchanged at 0.5%.

In place of Greece, China now monopolises foreign concerns, while on the domestic front, the BoE is keeping a close eye on labour market conditions, in particular unit wage costs.

The minutes from the MPC's latest meeting, which ended September 9, hone in

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.