Not exact matches
«If we were to try to control the level
of our exchange
rate, we would have to start to close what is one
of the most open and effective capital
markets, money
markets, in the world, in order to be successful,» Carney told a parliamentary committee this month, also
warning «there would undoubtedly be a suspicion» that we were «trying to gain a competitive advantage» if we tried to control our
interest rate.
Every
market will react differently to the prospect
of rising
interest rates, a higher dollar and lower energy prices, he
warns.
«If
interest rates were to move quickly, volatility was to move quickly it could be an
interesting financial
market in the next couple
of years,» he
warned.
In the meantime, investors do not seem to be concerned by the
interest rate warnings and continue to fuel the ETF
market looking for the greatest amount
of yield.
Nevertheless, with bodies including the International Monetary Fund
warning that the negative effects
of the UK's decision to leave the European Union (EU) were starting to weigh on the economy's long - term growth prospects, reaction among
market participants to the BoE's signaling
of further
interest -
rate rises was somewhat skeptical.
Labour has demanded to know what the Treasury would do to prevent further manipulations
of Libor by traders,
warning that mortgage repayments
of households across Britain depend on a fair and true
interest rate market mechanism.
The review also
warns of a potentially overvalued housing
market as a possible weakness and lays out other risks that threaten Canada, such as sharp correction in house prices, a sudden hike in long - term
interest rates and financial stress from Europe and China.
Additionally, even though
interest rates should remain relatively low, valuations could exacerbate the negative impact
of an
interest rate hike on the REIT
market,» the site
warns.