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Showing 51 - 60 of 79 results for "Bank Rate"

Water, water everywhere

BENJAMIN ONG  |  FRIDAY, 7 AUG 2015
... and the candlestick maker already expected that. What's more important is when exactly the BOE would start lifting the Bank Rate which it had kept at 0.5% since March 2009. Here it becomes interesting or funny, depending on how you look at it. Moi? I ...

No downing the dollar-A

BENJAMIN ONG  |  THURSDAY, 14 MAY 2015
... 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 years". Perhaps Gov Carney is also waiting to see what ...

BOE no change, no worries

BENJAMIN ONG  |  WEDNESDAY, 22 APR 2015
... policy meeting, stating that: "The Bank of England's Monetary Policy Committee at its meeting today voted to maintain Bank Rate at 0.5%. The Committee also voted to maintain the stock of purchased assets financed by the issuance of central bank reserves ...

'Brexit' betting booths now taking bets

BENJAMIN ONG  |  MONDAY, 23 MAR 2015
... a finger - no alteration in monetary policy - since he assumed his position as BOE Governor back on 1 July 2013. The Bank Rate remains at 0.5% and the asset purchase ceiling at A£375 billion to this day. Yet the UK's economy, which was threatening to ...

Market Wrap AM

AAP  |  FRIDAY, 20 MAR 2015
... Australia, the market on Thursday enjoyed its best day since Christmas as it rode a growing wave of expectation of a Reserve Bank rate cut. The benchmark S&P/ASX200 index was up 108.5 points, or 1.86 per cent, at 5,950.8 points. The broader All Ordinaries ...

Market wrap

AAP  |  TUESDAY, 17 MAR 2015
The share market is stronger due to gains on Wall Street and signs of another Reserve Bank rate cut. The market opened higher after a strong session on Wall Street, sparked by a fall in the US dollar ahead of the US central bank's policy meeting, and ...

Market Wrap AM

AAP  |  FRIDAY, 13 MAR 2015
... its best gains in almost a month due to jobs figures that were good, but not too good to scuttle an expected Reserve Bank rate cut. The benchmark S&P/ASX200 index was up 57 points, or 0.98 per cent, at 5,850.2. The broader All Ordinaries index was up ...

That other surprise

BENJAMIN ONG  |  TUESDAY, 20 JAN 2015
... by 25 bps each - the repo rate to 7.75%, the reverse repo rate to 6.75%, the marginal standing facility rate and the Bank Rate to 8.75%. The surprise was not that the RBI did this at all but that it did moved ahead of its scheduled policy meeting on ...

Forward guidance at its best

BENJAMIN ONG  |  THURSDAY, 13 NOV 2014
... on account of the inflation rate falling below 1%." Got it? There won't be any lift-off happening... yet. But, "When Bank Rate does begin to rise, it is expected to do so only gradually and to remain below average historical levels for some time to come". ...

New masters of universe

BENJAMIN ONG  |  THURSDAY, 2 OCT 2014
... interest rates also begin to normalise is getting closer. In recent months the judgement about precisely when to raise Bank Rate has become more balanced". But don't despair, "UK rates could be restrained by continued imbalances between global saving ...