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Showing 21 - 29 of 29 results for "BOE Governor"

New masters of universe

BENJAMIN ONG  |  THURSDAY, 2 OCT 2014
... quite different across the Atlantic where the Bank of England (BOE) may already have its finger on the trigger as BOE governor Mark Carney explained to his audience at the Institute and Faculty of Actuaries General Insurance Conference in Wales: "With ...

Mission accomplished?

BENJAMIN ONG  |  MONDAY, 14 JUL 2014
... PMI showed a record increase in employment in June. Reasons, perhaps, why in his Mansion House speech last 12 June, BOE Governor warned markets that the BOE's first interest rate increase, "could happen sooner than markets currently expect. But to be ...

BOE qualifies for World Cup

BENJAMIN ONG  |  THURSDAY, 15 MAY 2014
... 2.0% thereafter. So here we have it Virginia, the BOE would not be in a hurry to raise interest rates anytime soon. BOE Governor Mark Carney football (soccer) analogy may make this easier understood: "Securing the recovery is like making it through the ...

BOE has a problem to smile about

BENJAMIN ONG  |  WEDNESDAY, 9 APR 2014
... keep monetary policy steady as she goes and of course... provide "forward guidance". The only difference is that BOE Governor Mark Carney's problem is the kind of problem everybody likes to have. Before Mark replaced Sir Mervyn as king of the BOE ...

Confusing versus credible

BENJAMIN ONG  |  THURSDAY, 13 FEB 2014
... but it's made the news today with the release of the Bank of England's (BOE) Quarterly Inflation Report. Imported BOE Governor Mark Carney is also doing a Yellen cum Bullard and "elaborated" on forward guidance. "The first phase of guidance gave businesses ...

You say threshold, I say trigger

BENJAMIN ONG  |  WEDNESDAY, 12 FEB 2014
... lead to the immediate withdrawal of accommodative policy." Yup, use the "it's a threshold not a trigger" excuse. BOE Governor Mark Carney - who finds himself in the same "forward guidance" predicament - uses it, so why couldn't you? If the 6.5% unemployment ...

Headlining the core

BENJAMIN ONG  |  WEDNESDAY, 16 FEB 2011
... interest rates to hose the inflation fire down. Financial markets now expect a rate hike as early as May. However, BOE Governor King (how good is that King and Governor all in one?) believes that the surge in prices is only temporary and had been caused ...

Nationalisation - that ugly word

BENJAMIN ONG  |  MONDAY, 23 FEB 2009
... Committee (MPC) voted 8-1 to cut interest rates to an all-time low of 1 per cent - revealed that the MPC gave the BoE Governor the green light to seek authority from the Chancellor of the Exchequer to expand the money supply via quantitative easing. ...

Scary Money

BENJAMIN ONG  |  FRIDAY, 5 DEC 2008
... 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 its benchmark ...
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