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Bank of England names LSE professor to rate-setting committee

Bank of England names LSE professor to rate-setting committee

Although high levels of household indebtedness make it hard for the RBA to hike borrowing costs, the minutes have at least eased fears that monetary policy could be loosened further. Prof Tenrayo's appointment ensures the Bank of England has at least one woman in a senior position. Now a professor at the London School of Economics , Tenreyro has experience as an external MPC member voting on interest rates at the Bank of Mauritius.



Escaped Ga. Inmates Who Killed 2 Guards Captured In Tennessee, Police Say

Sills expects to have them in custody in Georgia within 72 hours, he said . "They were apprehended. They are not harmed". Once in Bedford County, the two convicted felons tied-up a couple up on Kindree Road in Shelbyville and then stole their black Jeep and sped toward Murfreesboro.



Public Protector upsets rand

That phrase has been central to South African monetary policy since the end of white-minority rule in 1994. Barclays Africa was hard hit by Mkhwebane's finding that Absa should pay back R1.125bn for the 1980s and 1990s Bankorp lifeboat - a finding that the bank already looks set to challenge.



National Defence mum on Russian threat to shoot down planes in Syria

Russia's Defense Ministry issued an ominous warning to Washington on Monday, saying it would track USA -led coalition aircraft operating in certain areas of Syria as potential targets . Also added in the statement, coalition aircraft had "conducted a show of force" to turn back an attack by Syrian leader Bashar al-Assad's forces on the SDF in the town of Ja'Din, South of Tabqah.



Bank of England chief downplays chance of interest rate hike

The comments come less than a week after the Monetary Policy Committee's latest meeting, where three members unexpectedly voted to raise the benchmark rate from a record-low 0.25 percent, saying a surge in inflation outweighs the risks to growth.