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Showing 351 - 360 of 416 results for "BOE"

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 ...

Scary Money

BENJAMIN ONG  |  FRIDAY, 5 DEC 2008
... taking interest rates down to 2 per cent - the lowest since 1951. This followed November's 150 basis point reduction. The BOE Governor himself has discussed the possibility of zero interest rates a week before. Denmark's Danmarks Nationalbank reduced ...

The good oil

BENJAMIN ONG  |  WEDNESDAY, 12 NOV 2008
Just less than a year ago, households, businesses and financial markets were bracing for crude oil at US$200 a barrel. And in July 2008, this fear threatened to become a reality when crude oil prices topped US$147.27 a barrel in the international markets. ...

Mine's bigger than yours

BENJAMIN ONG  |  MONDAY, 10 NOV 2008
... dive -- too much to bear. This is why in a week where other central banks were cutting interest rates, the Bank of England (BoE) produced the mother of all rate cuts. Last week central banks in Australia, South Korea, India, Czechoslovakia, Denmark ...

Whac-a-mole

BENJAMIN ONG  |  MONDAY, 15 SEP 2008
... in August after a 0.8 per cent increase in July. These two indicators highlight the dilemma faced by the Bank of England (BoE), which will release the minutes of its September monetary policy meeting. The BoE kept rates unchanged at 5.0 per cent at the ...

Stagflation policy conundrum

BENJAMIN ONG  |  FRIDAY, 12 SEP 2008
... demand slows. However, the two European banks' policy response is not expected to be similar. Financial markets expect the BoE to focus on supporting growth and lower interest rates while the ECB will remain steadfast with ensuring its goal of maintaining ...

US payrolls jitters

BENJAMIN ONG  |  FRIDAY, 5 SEP 2008
... already severe 75,000 fall expected. Meanwhile, the outcome of the European Central Bank (ECB) and the Bank of England's (BoE) monetary policy meetings produced no real surprises for the financial markets. As expected, the ECB left policy unchanged at ...

Three steadies and a cut

BENJAMIN ONG  |  MONDAY, 1 SEP 2008
... hold monetary policy meetings this week. The Reserve Bank of Australia (RBA), The Bank of Canada (BoC), the Bank of England (BoE) and the European Central Bank (ECB) will each decide their respective economies' interest rate settings but only the RBA ...

Lower, higher, steady

BENJAMIN ONG  |  THURSDAY, 21 AUG 2008
... While the RBA is signaling lower interest rates, and some Fed officials call for higher interest rates, the Bank of England (BoE) lies stuck in between. Minutes of the BoE's Monetary Policy Committee meeting in August showed that while the bank voted ...

Watching the US$ and commodities

BENJAMIN ONG  |  MONDAY, 18 AUG 2008
... England for clues on future interest rate direction. While markets expect the minutes to contain discussion for a rate hike, the BoE's Inflation Report -published last week - may now tilt the BoE's thinking more into the direction of a rate cut, especially ...