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Showing 31 - 40 of 79 results for "Bank Rate"

Chief economist update: BOE fails market expectations

BENJAMIN ONG  |  FRIDAY, 11 MAY 2018
... interest rates is nigh, sparking speculations that the BOE would top up its 25 bps hike in November 2017 that took the Bank rate up to 0.5% with another 25 bps increase when it meets again on May 10. The Bank's Monetary Policy Committee (MPC) met as ...

Chief economist update: Trump trumps Brexit

BENJAMIN ONG  |  TUESDAY, 10 APR 2018
... the BOE's signalling that another small increase in interest rates is nigh. The British central bank last lifted the Bank Rate from 0.25% to 0.5% in November last year. Financial markets expect the BOE to announce another 25 basis point hike to 0.75% ...

Chief economist update: No target sign on India's back

BENJAMIN ONG  |  MONDAY, 9 APR 2018
... April and kept monetary policy settings unchanged - repo rate unchanged at 6.0%; reverse repo rate at 5.75%; and, the Bank Rate at 6.25%. There was no mention of the trade war as rationale for the decision. Instead, the RBI remained optimistic over the ...

Scared of inflation? Try deflation

BENJAMIN ONG  |  MONDAY, 12 FEB 2018
... would float their own boats. The Bank of England (BOE) also kept policy unchanged - voting unanimously to maintain the Bank Rate at 0.50% (which it lifted by 25 bps last November) and the quantitative easing ceilings for gilts and corporate bonds remain ...

Chief economist update: One hike this year, one hike next year

BENJAMIN ONG  |  WEDNESDAY, 17 JAN 2018
... six-year high of 2.7% in November (3.1% in December 2011). This followed the Bank of England's (BOE) decision to raise the Bank Rate by 25 basis points to 0.5% at its 2 November 2017 meeting which, in turn, sent the British pound higher. From 2 November ...

Chief economist update: ECB sees low rates for longer

BENJAMIN ONG  |  TUESDAY, 16 JAN 2018
Echoing BOJ Governor Haruhiko Kuroda's quick push back on taper speculations, Deutsche Bundesbank president and ECB governing council member Jens Weidmann used his speech at the Ludwig-Erhard Summit in Bavaria to do the same. Like Kuroda, Weidmann's ...

What price Brexit certainty?

BENJAMIN ONG  |  MONDAY, 20 NOV 2017
... has prompted the Bank of England (BOE) to announce its first interest rate hike in more than a decade - it raised the Bank Rate from 0.25% to 0.5% on the 2nd of November. Succeeding economic reports released since have even been stronger: Growth in industrial ...

BOE does what it said it would do

BENJAMIN ONG  |  FRIDAY, 3 NOV 2017
The Bank of England (BOE) did what it said it would do -- it lifted the Bank Rate by 25 basis points to 0.5% following its 2 November monetary policy council meeting (MPC). The announcement marks the first time in more than a decade that the BOE raised ...

Go ahead BOE, make my day

BENJAMIN ONG  |  WEDNESDAY, 18 OCT 2017
... told his audience that "the evolution of the data is increasingly suggesting that we are approaching the moment when Bank Rate may need to rise...as early as the coming months." But since then, the pound has drifted lower against its major currency counterparts ...

The British pound's sterling reversal

BENJAMIN ONG  |  MONDAY, 18 SEP 2017
... told his audience that "the evolution of the data is increasingly suggesting that we are approaching the moment when bank rate may need to rise... as early as the coming months." Vlieghe reasoned that "rising real wage growth, both due to improving nominal ...