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Showing 251 - 260 of 344 results for "Bank of England"

Market Wrap - Morning

AAP  |  FRIDAY, 5 JUN 2009
... 1,850.02. LONDON - Europe's leading stock markets ended virtually flat after the European Central Bank (ECB) and the Bank of England held interest rates steady, with the ECB forecasting a eurozone contraction of 4.6 per cent in 2009. The London FTSE ...

The power of optimism

BENJAMIN ONG  |  MONDAY, 16 MAR 2009
... a summit over the weekend. The reason why Japan announced a third government stimulus plan. The reason why the Bank of England (BoE) has formally implemented quantitative easing and is buying gilts directly. The reason why the Swiss National Bank (SNB) ...

Let them have soup

BENJAMIN ONG  |  FRIDAY, 6 MAR 2009
... and Japan drowning. Another reason for last night's sell-off is heightened fears over Europe's future after the Bank of England (BoE) and the European Central Bank (ECB) each cut interest rates by 50 basis points to record lows of 0.5 per cent and 1.5 ...

Market Wrap - Morning

AAP  |  FRIDAY, 6 MAR 2009
... whether the new monetary policy tack taken by Britain would work, how much it would cost and the ultimate price. The Bank of England announced plans to inject STG75 billion ($A163.43 billion) into the banking system by effectively creating money. It ...

Nationalisation - that ugly word

BENJAMIN ONG  |  MONDAY, 23 FEB 2009
... Affordability and Stability Plan (HASP). And it wasn't just the US doing the heavy lifting. The minutes of the Bank of England's (BoE) February meeting - where the Monetary Policy Committee (MPC) voted 8-1 to cut interest rates to an all-time low of ...

The biggest loser

BENJAMIN ONG  |  MONDAY, 16 FEB 2009
... Kingdom. The US Federal Reserve's and the Bank of Japan's (BoJ) official policy rates are now virtually zero. The Bank of England's (BoE) base rate is headed that way. The ECB has so far only reduced its benchmark repo rate by 225 basis points from the ...

Bad news is good news

BENJAMIN ONG  |  MONDAY, 9 FEB 2009
... economies sink. And they'll 'do what is necessary.' Just last week, Bank Indonesia, Norway's Norges Bank and the Bank of England all cut their key interest rates by 50 bps to 8.25 per cent, 2.5 per cent and 1 per cent, respectively. The Reserve Bank ...

Market Wrap - Morning

AAP  |  FRIDAY, 6 FEB 2009
... interest rate decisions in Britain and the eurozone plus weaker-than-expected US jobs data, dealers said. The Bank of England slashed British interest rates by half a percentage point to a fresh historic low of 1.0 per cent to battle recession. The European ...

Worst of the worst

BENJAMIN ONG  |  FRIDAY, 30 JAN 2009
... relative to its G7 peers -- in particular the US - it does not take much of a stretch to presume that very soon the Bank of England's benchmark interest rate will go the way of the US and Japan. That is, the target rate will reach zero. Gilts too would ...

Bad tidings we bring

BENJAMIN ONG  |  MONDAY, 12 JAN 2009
... central banks scrambled to contain the fallout by reducing interest rates. First off the rank this year is the Bank Of England (BoE) which slashed interest rates by 50 basis points to 1.5 percent - a level not seen since its creation in 1964. The sinking ...