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Showing 41 - 47 of 47 results for "Mark Carney"

UK on the go

BENJAMIN ONG  |  THURSDAY, 12 JUN 2014
... done something good." In his alone times, it wouldn't be surprising to catch imported Bank of England (BOE) Governor Mark Carney humming this tune from "The Sound of Music" to himself (perhaps at the same time that his predecessor, Sir Mervyn King, is ...

BOE qualifies for World Cup

BENJAMIN ONG  |  THURSDAY, 15 MAY 2014
... thereafter. So here we have it Virginia, the BOE would not be in a hurry to raise interest rates anytime soon. BOE Governor Mark Carney football (soccer) analogy may make this easier understood: "Securing the recovery is like making it through the qualifying ...

BOE has a problem to smile about

BENJAMIN ONG  |  WEDNESDAY, 9 APR 2014
The Bank of England (BOE) is expected to do what the ECB and the BOJ and the Fed did before it when it meets tomorrow night - that is, keep monetary policy steady as she goes and of course... provide "forward guidance". The only difference is that BOE ...

Confusing versus credible

BENJAMIN ONG  |  THURSDAY, 13 FEB 2014
... made the news today with the release of the Bank of England's (BOE) Quarterly Inflation Report. Imported BOE Governor Mark Carney is also doing a Yellen cum Bullard and "elaborated" on forward guidance. "The first phase of guidance gave businesses confidence ...

You say threshold, I say trigger

BENJAMIN ONG  |  WEDNESDAY, 12 FEB 2014
... immediate withdrawal of accommodative policy." Yup, use the "it's a threshold not a trigger" excuse. BOE Governor Mark Carney - who finds himself in the same "forward guidance" predicament - uses it, so why couldn't you? If the 6.5% unemployment rate ...

Move the goalpost Mark

BENJAMIN ONG  |  THURSDAY, 14 NOV 2013
... British economy. Never mind that since becoming governor of the BOE, and apart from introducing forward guidance, Mark Carney has kept monetary policy settings left by the former governor exactly as he found them - the Bank Rate at 0.5% and the asset ...

Market Wrap AM

AAP  |  THURSDAY, 8 AUG 2013
... the news after it announced a major policy shift, now targeting both unemployment and inflation. The new BoE head, Mark Carney, said the main interest rate would not be changed from 0.50 per cent until the unemployment rate had fallen to seven per cent. ...
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