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Showing 11 - 20 of 29 results for "BOE Governor"

Chief economist update: Three ayes for a rate hike

BENJAMIN ONG  |  FRIDAY, 22 JUN 2018
... financed by the issuance of central bank reserves, at £435 billion." While there was no forward guidance from the BOE governor this time, financial market speculations fired up that the British central bank will raise the bank rate by 25 basis points ...

Chief economist update: Rush hour is over for the BOE

BENJAMIN ONG  |  TUESDAY, 5 JUN 2018
... marked the fourth straight quarter of decelerating year-on-year expansions. In his post-meeting press conference, BOE Governor Mark Carney stressed that the slowdown is due to adverse weather in February and March and that underlying growth is much more ...

Chief economist update: BOE fails market expectations

BENJAMIN ONG  |  FRIDAY, 11 MAY 2018
... year and the slowest rate of growth since the June 2012 quarter. Then again, in his post-meeting press conference, BOE Governor Mark Carney stressed that the slowdown is due to adverse weather in February and March and that UK's underlying growth is ...

Go ahead BOE, make my day

BENJAMIN ONG  |  WEDNESDAY, 18 OCT 2017
... by 2% to ¥147.93 over the same period; and down by 1.4% to €1.1205. The fade out must have been what prompted BOE Governor Mark Carney to reiterate this "forward guidance" in his testimony before the UK Parliamentary Treasury Select Committee overnight. ...

Inflation matters

BENJAMIN ONG  |  WEDNESDAY, 26 JUL 2017
... combined with 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 ...

Australian end of financial year sale

BENJAMIN ONG  |  FRIDAY, 30 JUN 2017
... done 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
... decision that's 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 ...

Trump is heaven's gift to central banks

BENJAMIN ONG  |  FRIDAY, 11 NOV 2016
... president 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 ...

Dear Chancellor

BENJAMIN ONG  |  WEDNESDAY, 17 FEB 2016
... target. The Chancellor usually responds to the Governor with an open letter of his own." Inflation 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 ...

'Brexit' betting booths now taking bets

BENJAMIN ONG  |  MONDAY, 23 MAR 2015
... Carney. Mark Carney has not lifted a finger - no alteration in monetary policy - since he assumed his position as BOE Governor back on 1 July 2013. The Bank Rate remains at 0.5% and the asset purchase ceiling at A£375 billion to this day. Yet the UK's ...