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Showing 41 - 50 of 336 results for "Bank of England"

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 ...

Chief economist update: UK is now Bailey's baby

BENJAMIN ONG  |  TUESDAY, 11 FEB 2020
Bank of England (BOE) Governor Mark Carney's last days on the job would have gotten more press were it not for the more pressing concern of the coronavirus. To be sure, there was nothing noteworthy in Carney's final monetary policy committee ...

Chief economist update: Brexit - the news that was

BENJAMIN ONG  |  FRIDAY, 10 JAN 2020
... Brexit uncertainty has been removed (with or without a deal) and this time, backed by the UK Parliament at that. Bank of England (BOE) governor Mark Carney cares. In his speech at the BOE's Future of Inflation Targeting Conference in London, Carney ...

Chief economist update: Stock rally heralds 2020 cheer

BENJAMIN ONG  |  THURSDAY, 19 DEC 2019
... Central Bank (ECB) embarked on TLTRO III and re-started QE, China boosted both monetary and fiscal policies, the Bank of England (BOE) maintained its accommodative stance and the government pledged increased fiscal stimulus and the Bank of Japan (BOJ) ...

Remediation bill tops $10b: ASIC

ELIZA BAVIN  |  MONDAY, 18 NOV 2019
... $10 billion." Chester said this figure is not as shocking as it first seems, comparing it to the US$320 billion Bank of England governor Mark Carney estimated in 2017 for the global cost of misconduct for banks post Global Financial Crisis. "Our interim ...

First Sentier adds to global leadership team

ELIZA BAVIN  |  MONDAY, 11 NOV 2019
... private sector and joins the firm from the Department for Work and Pensions and has previously worked for Vodafone, Bank of England and the UK's National Crime Agency. Lastly, Ben Marks has been appointed chief audit officer and will report to the board. ...

Chief economist update: Brexit la la la

BENJAMIN ONG  |  FRIDAY, 8 NOV 2019
... that Britons and Europeans and the rest of the world are not holding their collective oxygen intake. However, Bank of England (BOE) governor Mark Carney have changed his tune. If memory serves me right, Carney warned about the increased likelihood that ...

Chief economist update: Brexit uncertainty is not all that bad

BENJAMIN ONG  |  TUESDAY, 15 OCT 2019
Hear ye, hear ye! Her majesty Queen Elizabeth II has spoken. "My Government's priority has always been to secure the United Kingdom's departure from the European Union on October 31," she has said. Whether her majesty will later come to regret ...

Chief economist update: Time for a Keynes comeback

BENJAMIN ONG  |  TUESDAY, 24 SEP 2019
... its obsession with a budget surplus months ago. Likewise, the US Federal Reserve, the European Central Bank, the Bank of England, and our very own Reserve Bank of Australia, among others, have been calling on their "fiscal" counterparts for help. Germany's ...