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Showing 61 - 70 of 79 results for "Bank Rate"

All about the slack

BENJAMIN ONG  |  THURSDAY, 7 AUG 2014
... the BOE's statement to read: "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 ...

Mission accomplished?

BENJAMIN ONG  |  MONDAY, 14 JUL 2014
... exulting..." -- Walt Whitman "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 ...

UK on the go

BENJAMIN ONG  |  THURSDAY, 12 JUN 2014
... King on July 1". Turns out those "many economists" were wrong! Carney maintained the status quo on BOE policy - the Bank Rate at 0.5% and the asset purchase programme ceiling at A£375 billion. The only change Carney made was to delete the 7.0% unemployment ...

Easy CBs

BENJAMIN ONG  |  THURSDAY, 22 MAY 2014
... monetary policy decision was becoming more balanced... It could be argued that the more gradual the intended rise in Bank Rate, the earlier it might be necessary to start tightening policy". Then again, perhaps not yet for the Monetary Policy Committee ...

BOE qualifies for World Cup

BENJAMIN ONG  |  THURSDAY, 15 MAY 2014
... housing market, makes it not surprising that financial markets have ramped up speculation that the BOE should lift the Bank Rate soon and with this speculation comes the one-way bet on the British currency. The pound has been pounding both the US dollar ...

Market Wrap AM

AAP  |  THURSDAY, 3 APR 2014
... posting strong gains on Tuesday. "European markets were directionless today, in anticipation of the European Central Bank rate announcement and press conference tomorrow," said markets analyst Jasper Lawler at CMC Markets UK. The euro dipped to $US1.3759 ...

Confusing versus credible

BENJAMIN ONG  |  THURSDAY, 13 FEB 2014
... Yellen cum Bullard and "elaborated" on forward guidance. "The first phase of guidance gave businesses confidence that bank rate would not be raised at least until jobs, incomes and spending were growing at sustainable rates." But what happened to the ...

Move the goalpost Mark

BENJAMIN ONG  |  THURSDAY, 14 NOV 2013
... 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 purchase program ceiling at A£375 billion. But in fairness to Governor Carney, he must have foreseen ...

RBA holds rates but deploys rhetoric as magic pudding

MARK SMITH  |  WEDNESDAY, 7 NOV 2012
Reserve Bank governor Glen Stevens can hold off policy adjustments if rhetoric can help get the economy moving again, according to Instreet managing director George Lucas. Yesterday the Reserve Bank of Australia (RBA) surprised the market by holding ...

ANZ to chase more China assets

MARK SMITH  |  FRIDAY, 26 OCT 2012
... of this business next month." Some quarters have criticised the bank's mortgage lending arm for not passing Reserve Bank rate cuts onto the consumer. However, Smith dismissed the comments saying that ANZ had a duty to all of its customers, pointing out ...