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Showing 31 - 40 of 67 results for "Carney"

Industry fund chases insurance giant on climate risk

JAMIE WILLIAMSON  |  FRIDAY, 2 MAR 2018
... for shareholders." The TCFD was established by the Financial Stability Board, chaired by Bank of England Governor Mark Carney, in order to address systemic financial risk posed by climate change.

Chief economist update: Three minutes

BENJAMIN ONG  |  MONDAY, 26 FEB 2018
... take on central banks' greater transparency and forward guidance is best explained by Bank of England (BOE) governor Mark Carney. In his testimony before the UK Parliament's Treasury Committee, Carney remarked that, "...the financial markets have started ...

Two holds and a raise

BENJAMIN ONG  |  TUESDAY, 31 OCT 2017
... in order to return inflation sustainably to target." And again just over a month later (17 October) when Governor Mark Carney testified before the UK Parliamentary Treasury Select Committee. "Having used up more spare capacity, having seen some evidence ...

Go ahead BOE, make my day

BENJAMIN ONG  |  WEDNESDAY, 18 OCT 2017
... ¥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. "Having ...

No follow through

BENJAMIN ONG  |  TUESDAY, 8 AUG 2017
Unlike the Bank of Canada (BOC) which he headed from 2008-2013, now Bank of England (BOE) governor Mark Carney didn't follow through on the remarks he made at the European Central Bank Forum in Portugal that, "Some removal of monetary stimulus is likely ...

Inflation matters

BENJAMIN ONG  |  WEDNESDAY, 26 JUL 2017
... 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 to lessen ...

Data dictates immediate BOE action

BENJAMIN ONG  |  WEDNESDAY, 5 JUL 2017
... couldn't be faulted for bringing forward their expectations for policy normalisation in the UK especially after Governor Mark Carney's remarks at the European Central Bank Forum in Portugal. The one where Carney declared that, "Some removal of monetary ...

Australian end of financial year sale

BENJAMIN ONG  |  FRIDAY, 30 JUN 2017
... 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
... 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 mid-April when ...

Trump is heaven's gift to central banks

BENJAMIN ONG  |  FRIDAY, 11 NOV 2016
... 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 - "One thing ...