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Showing 61 - 70 of 411 results for "BOE"

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

BENJAMIN ONG  |  THURSDAY, 18 JUN 2020
... an 11-year high of 4.0% in July 2020 to 1.7% by April this year. Forecasts of rising unemployment - between 8% this year (BOE) to 9.1% (single coronavirus hit) and 10.4% (double hit) from the OECD - suggest further slowdown in domestic consumption. It ...

Chief economist update: Better than all the rest

BENJAMIN ONG  |  FRIDAY, 29 MAY 2020
... 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 relative ...

Chief economist update: Annus horribilis with a vengeance

BENJAMIN ONG  |  FRIDAY, 8 MAY 2020
... 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 £645 ...

Chief economist update: Turns out Brexit was heaven

BENJAMIN ONG  |  FRIDAY, 24 APR 2020
... 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 growth ...

Chief economist update: Cash splash

BENJAMIN ONG  |  FRIDAY, 20 MAR 2020
... money-market mutual funds. " Also announced new swap lines with more central banks to help ease strains of dollar funding. BOE announced an emergency 15 bp rate cut to bring its rate to 0.1%. Also boosted QE program by £200B to a total of £645B. BOJ ...

Chi-X continues TraCR roll out

HARRISON WORLEY  |  WEDNESDAY, 18 MAR 2020
Chi-X has released another tranche of US listed-blue chip company TraCRs to meet demand for local access to US mega cap stocks. Another 10 large US companies are available for Australians to gain exposure to, including Google parent company Alphabet ...

Chief economist update: Coronavirus cures climate change

BENJAMIN ONG  |  MONDAY, 16 MAR 2020
... 50bps cut on March 3), as well as launching a US$700 billion quantitative easing program and asserting coordinated action with BOE, BOJ, ECB and SNB to boost liquidity via US dollar liquidity swap lines. Opening trade on March 16 saw the Reserve Bank ...

Chief economist update: The corona crash of 2020

BENJAMIN ONG  |  FRIDAY, 13 MAR 2020
... 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 spending ...

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
... 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 remarked ...