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Showing 31 - 40 of 63 results for "Carney"

No follow through

BENJAMIN ONG  |  TUESDAY, 8 AUG 2017
Unlike the Bank of Canada (BOC) which he headed from 2008-2013, now Bank of England (BOE) governor Mark Carney didn't follow through on the remarks he made at the European Central Bank Forum in Portugal that, "Some removal of monetary stimulus is likely ...

Inflation matters

BENJAMIN ONG  |  WEDNESDAY, 26 JUL 2017
... strengthening momentum in the UK economy - both of which, puts rising pressure on inflation - prodded BOE governor Mark Carney to remark: "Some removal of monetary stimulus is likely to become necessary if the trade-off facing the MPC continues to lessen ...

Data dictates immediate BOE action

BENJAMIN ONG  |  WEDNESDAY, 5 JUL 2017
... couldn't be faulted for bringing forward their expectations for policy normalisation in the UK especially after Governor Mark Carney's remarks at the European Central Bank Forum in Portugal. The one where Carney declared that, "Some removal of monetary ...

Australian end of financial year sale

BENJAMIN ONG  |  FRIDAY, 30 JUN 2017
... their job" and that excess slack in Canadian economy is being absorbed "steadily" at current pace of growth. BOE governor Carney rounded up the central bank-speak, saying that some removal of the stimulus is likely to become necessary if the trade-off ...

No 'Plan B' for Brexit "twist and turns"

BENJAMIN ONG  |  FRIDAY, 12 MAY 2017
... become supportive of the on-going resilience of the British economy to Brexit uncertainties. Despite BOE governor Mark Carney warning only last February of the "twists and turns" heading into Brexit - almost immediately proved true in mid-April when ...

Trump is heaven's gift to central banks

BENJAMIN ONG  |  FRIDAY, 11 NOV 2016
... Draghi had for a long time been asking governments for support with increased spending and looser tax policies. BOE governor Carney exhorted governments to implement fiscal and structural policies to boost growth. So did, RBA governor Lowe - "One thing ...

Where's the Brexit-induced recession?

BENJAMIN ONG  |  MONDAY, 19 SEP 2016

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 1 JUL 2016
... weakness, particularly in business investment (due to Brexit uncertainty), have prompted Bank of England (BOE) governor Mark Carney to ponder some form of policy stimulus when the BOE next meets this month (14 July).

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 28 JUN 2016
... painful experience of this". BOE on Brexit In a statement after the Brexit result, Bank of England (BOE) governor Mark Carney said that, "The Bank of England cannot (and should not) stand in the way of these necessary adjustments. But we will work to ...

Dear Chancellor

BENJAMIN ONG  |  WEDNESDAY, 17 FEB 2016
... target: 2.0%. The BOE Governor sent four letters of explanation in 2015 and one (so far) on 4 February this year. In it, Mark Carney wrote, "The underlying causes of below-target inflation are unchanged since my previous letter: falls in commodity prices ...