Bank of England suspends media briefings ahead of policy announcements

LONDON (Reuters) – The Bank of England said on Friday it will stop holding behind-closed-door briefings for journalists ahead of its major policy announcements for the foreseeable future, given the coronavirus outbreak.

“In line with government guidelines, the Bank of England has decided that it will not hold media lock-ins for its major publications for the foreseeable future,” it said in a statement.

The BoE said a statement from the Financial Policy Committee due on Tuesday would be released via the “usual channels” and it confirmed that the minutes for the Monetary Policy Committee meeting will be published at 1200 GMT on Thursday.

“We will not release anything under embargo. We will review this decision as circumstances around COVID-19 evolve and will resume lock-ins when it is practically possible and safe to do so,” the BoE said.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Category Latest Posts

You May Also Read