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Showing 41 - 50 of 344 results for "Bank of England"

Chief economist update: RBA negative on negative interest rate policy

BENJAMIN ONG  |  WEDNESDAY, 23 SEP 2020
... reduce these interest rates." The second negative interest rate wave speculation in Australia comes soon after the Bank of England (BOE) divulge in its September 17 Monetary Policy Committee (MPC) report that: "The MPC had been briefed on the Bank of ...

Chief economist update: Australia on top despite recession

BENJAMIN ONG  |  FRIDAY, 4 SEP 2020
... surrounding the pandemic - and recent reports of hiccups in the UK/Euro Brexit negotiations -- so much so that the Bank of England (BOE) and the Exchequer remain on their toes. The BOE kept the Bank Rate unchanged at its July meeting after it maintained ...

Chief economist update: UK plans for jobs

BENJAMIN ONG  |  THURSDAY, 9 JUL 2020
... investors' continued sense of caution amid the lingering uncertainty surrounding the pandemic so much so that the Bank of England (BOE) and the Exchequer remain on their toes. While the BOE kept the bank rate unchanged at a record low 0.1% at its ...

Chief economist update: COVID-19 nightmare makes Brexit a dream

BENJAMIN ONG  |  THURSDAY, 18 JUN 2020
... brought closer to home when now reigning Prime Minister Boris Johnson, himself, became infected with the virus. The Bank of England went to work. After keeping the Bank Rate steady at 0.75% since 2018, it chopped 50 basis points to it in an emergency ...

Chief economist update: Better than all the rest

BENJAMIN ONG  |  FRIDAY, 29 MAY 2020
... ¥117.1 trillion (US$1.1 trillion) -- taking total stimulus spending to ¥230 trillion (or about 40% of GDP); and Bank of England (BOE) governor forewarning that recovery in the UK could take longer than expected. Surprisingly, despite Australia's ...

Chief economist update: Annus horribilis with a vengeance

BENJAMIN ONG  |  FRIDAY, 8 MAY 2020
... know what the Latin term is for a year that's worse than "annus horribilis" but 2020 would be it. While the Bank of England (BOE) to keep monetary policy settings unchanged at its May meeting - the Bank Rate at a record low 0.1% and purchases at ...

Chief economist update: Turns out Brexit was heaven

BENJAMIN ONG  |  FRIDAY, 24 APR 2020
... slowed sharply from 2.1% pre-Brexit to 1.1% as at the end of the December 2019 quarter. But in his last meeting as Bank of England (BOE) governor in January this year, Mark Carney was waxing optimistic. "The most recent indicators suggest that global ...

Opportunities in fixed interest during crisis

ALLY SELBY  |  TUESDAY, 7 APR 2020
... looking for opportunities to get US-style spreads into our portfolios by buying names that we know the Fed, the Bank of England and the European Central Bank (ECB) are going to be buying." It has also been buying "high quality corporates" such as McDonalds ...

Chief economist update: The cheaper alternative

BENJAMIN ONG  |  WEDNESDAY, 25 MAR 2020
... control, when frontline responders are themselves infected and medical supplies (like ventilators) become scarce. The Bank of England has cut interest rates by a total of 65 bps in March - 50bps on March 11 and 15 bps on the 19th and increased its bond ...

Chief economist update: The corona crash of 2020

BENJAMIN ONG  |  FRIDAY, 13 MAR 2020
... interest rates again. The Bank of Canada (BOC) cuts its benchmark interest rates by 50 basis points to 1.25%. The Bank of England (BOE) also slashed interest rates by 50 bps to 0.25%, and on top of that the Chancellor to the Exchequer announced emergency ...