Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 21 - 30 of 46 results for "Monetary Policy Committee"

Data dictates immediate BOE action

BENJAMIN ONG  |  WEDNESDAY, 5 JUL 2017
... have been accelerating. At face value, these stats indicate that there's no more trade-off, the BOE's monetary policy committee (MPC) should raise interest rates now. However, as Gertjan Vlieghe - MPC external member - said in his interview with The ...

Price-pressured

BENJAMIN ONG  |  WEDNESDAY, 22 MAR 2017
The latest inflation stats out of the UK gave additional credence to BOE monetary policy committee member Kristin Forbes' dissent - she "considered it appropriate to increase Bank Rate by 25 basis points" -- at the March meeting. Along with the low ...

One Direction and the BOE

BENJAMIN ONG  |  MONDAY, 20 MAR 2017
... regards to the way forward. The BOE's policy statement specifically named one of the nine members of the monetary policy committee (MPC) who dissented with the majority: "Kristin Forbes considered it appropriate to increase Bank Rate by 25 basis points". ...

Three for three

BENJAMIN ONG  |  FRIDAY, 3 FEB 2017
... As with the BOJ and the Fed, the Bank of England (BOE) did what financial markets expected when its monetary policy committee met on the 2nd of February. The BOE kept policy setting unchanged -- Bank Rate at a record low of 0.25% and asset purchases ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 15 JUL 2016
... in August. This was the Bank of England's message after its 14 July policy deliberations - the first monetary policy committee meeting post-Brexit -- where it left the Bank Rate unchanged at 0.5% and maintained its asset purchases at £375 billion In ...

Parting could be such sweet sorrow

BENJAMIN ONG  |  MONDAY, 20 JUN 2016
... 5.6% lower than it would otherwise have been sans Brexit. There's the Bank of England (BOE): In its monetary policy committee meeting held last week, the BOE noted that, "the most significant risks to the MPC's forecast concern the referendum. A vote ...

Water, water everywhere

BENJAMIN ONG  |  FRIDAY, 7 AUG 2015
Super Thursday. This is the term coined for the Bank of England's (BOE) data dump - announcing the monetary policy committee's (MPC) decision on interest rates, the MPC meeting minutes that led to the decision and the quarterly inflation report all ...

No downing the dollar-A

BENJAMIN ONG  |  THURSDAY, 14 MAY 2015
... central bank downgraded its economic growth forecasts through to 2017 and Gov Carney stating that the monetary policy committee (MPC) "judges it more likely than not that bank rate will increase from its current level over the forecast period" of three ...

BOE no change, no worries

BENJAMIN ONG  |  WEDNESDAY, 22 APR 2015
... (BOE) decided to do nothing at its 9 April monetary policy meeting, stating that: "The Bank of England's Monetary Policy Committee at its meeting today voted to maintain Bank Rate at 0.5%. The Committee also voted to maintain the stock of purchased assets ...

Investors should be wary of mixed USD signals

ALEX DUNNIN  |  WEDNESDAY, 5 NOV 2014
Mixed signals coming from the US Fed's monetary policy committee should temper investors from overreacting to expectations of rising US rates and an increasing USD, noted Amundi Asset Management in its latest global investor update. Causing the ambiguity ...