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Showing 31 - 40 of 55 results for "MPC"

Parting could be such sweet sorrow

BENJAMIN ONG  |  MONDAY, 20 JUN 2016
... 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 to leave the EU could materially alter the outlook for output and inflation ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 17 JUN 2016
... the direction of monetary policy will depend on the relative magnitudes of the demand, supply and exchange rate effects. The MPC will take whatever action is needed, following the outcome of the referendum, to ensure that inflation expectations remain ...

Dear Chancellor

BENJAMIN ONG  |  WEDNESDAY, 17 FEB 2016
... of imported non-energy goods and services, are expected to diminish, in the absence of further downside shocks. Also, the MPC's judgement is that, were Bank Rate to follow the very gradually rising path implied by market yields, the remaining slack in ...

Water, water everywhere

BENJAMIN ONG  |  FRIDAY, 7 AUG 2015
... 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 in one ...

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 ...

Central bank surprises

BENJAMIN ONG  |  THURSDAY, 22 JAN 2015
... central bank pointing the finger on sliding oil price. The same factor behind the Bank of England (BOE) Monetary Policy Council (MPC) members Martin Weale and Ian McCafferty's dropping their calls for an interest rate hike. This is because, "The fall ...

Forward guidance at its best

BENJAMIN ONG  |  THURSDAY, 13 NOV 2014
... limited." Get ready for an interest rate lift off then? Well, errr... not quite. This is because the monetary policy council (MPC) judges that there's around 1.0% slack in the economy - and along with "them" - has changed the inflation outlook for the ...

All about the slack

BENJAMIN ONG  |  THURSDAY, 7 AUG 2014
... withstand the first interest rate hike which it has kept at a record low 0.5% since March 2009. The monetary policy council (MPC) would be reassessing if continuing strong growth momentum is closing the slack in the economy - recently estimated to be ...

Mission accomplished?

BENJAMIN ONG  |  MONDAY, 14 JUL 2014
... billion." This was all the BOE's news release contained - and a "Notes to Editors" -- after the conclusion of its 10 July MPC meeting and was not surprising as the Bank does not normally publish statements when policy is left unchanged. The "Notes to ...

Easy CBs

BENJAMIN ONG  |  THURSDAY, 22 MAY 2014
... earlier it might be necessary to start tightening policy". Then again, perhaps not yet for the Monetary Policy Committee (MPC) is also wary that a premature tightening could derail the recovery - especially given sterling's strength (my two cents worth) ...