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Showing 51 - 60 of 67 results for "Carney"

New masters of universe

BENJAMIN ONG  |  THURSDAY, 2 OCT 2014
... different across the Atlantic where the Bank of England (BOE) may already have its finger on the trigger as BOE governor Mark Carney explained to his audience at the Institute and Faculty of Actuaries General Insurance Conference in Wales: "With many ...

Because I'm happy

BENJAMIN ONG  |  THURSDAY, 14 AUG 2014
... Kingdom, the Bank of England (BOE) has found another reason to delay raising borrowing costs. According to Governor Mark Carney, it's the slack: "In light of the heightened uncertainty about the current degree of slack, the Committee will be placing ...

Mission accomplished?

BENJAMIN ONG  |  MONDAY, 14 JUL 2014
... 2013's low of A£1.48) and by 10.1% versus the euro to A£1.26 (from 2013's low of A£1.14). To be sure, to be sure, Captain Carney doesn't want to do a George W. when on 1 May 2003 he declared the mission in Iraq "Mission Accomplished" complete with ...

Market wrap

AAP  |  MONDAY, 16 JUN 2014
... of top companies sank 0.95 per cent to close at 6,777.85 points, weighed down also after Bank of England governor Mark Carney hinted at a rate hike sooner than expected. Frankfurt's DAX 30 ended the week down 0.26 per cent to 9,912.87 points, and the ...

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 ...

Governor Carney is no monkey

BENJAMIN ONG  |  FRIDAY, 29 NOV 2013