BoE's Carney: Time for rate hikes drawing near

As expected, BoE governor Mark Carney signalled in his speech at the Institute and Faculty of Actuaries General Insurance Conference in Wales, that an interest rate hike was drawing near, but failed to give any more details, only adding that the move would be data dependent.
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United States Markit PMI Composite fell from previous 59.7 to 58.8 in September

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