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Showing 61 - 70 of 386 results for %22Bank of England%22

Chief economist update: BOE lets peers do the heavy lifting

BENJAMIN ONG  |  FRIDAY, 21 JUN 2019
It appears the Bank of England (BOE) is marching to a different tune. While the BOE's monetary policy committee decided to keep current monetary policy settings at its June meeting just like the Fed and the Bank of Japan, it offered an opposing ...

Chief economist update: BOE going the wrong way?

BENJAMIN ONG  |  TUESDAY, 11 JUN 2019
... the same global challenges and the lingering uncertainty that is Brexit, external monetary policy committee member of the Bank of England (BOE) Michael Saunders said that, "We probably would have to return to something like a neutral stance earlier than ...

Chief economist update: A good problem to have?

BENJAMIN ONG  |  TUESDAY, 30 APR 2019
... Take a boat ride across the Atlantic, and you'll find that in spite of the overhanging uncertainty that is Brexit, the Bank of England (BOE) has an easier monetary policy decision to make (its monetary policy committee meets on May 2). The odds are ...

Chief economist update: Hoping for the best, preparing for the worst of Brexit

BENJAMIN ONG  |  THURSDAY, 4 APR 2019
When its monetary policy committee met on 21 March and voted unanimously to keep the Bank Rate unchanged at 0.75 and maintain bond purchases at £435 billion, the Bank of England (BOE) declared its future actions would largely depend on Brexit. "The ...

Chief economist update: Be fearful when indicators show no fear

BENJAMIN ONG  |  MONDAY, 18 MAR 2019
... normality, punctuated by NY Fed president John Williams' recent comment that the Fed funds rate is now at neutral. The Reserve Bank of Australia (RBA) shifted its policy stance from tightening to neutral; the European Central Bank (ECB) launched ...

Chief economist update: Prepare for lift-off

BENJAMIN ONG  |  MONDAY, 11 MAR 2019
... 2018 (that's done) and forward guidance for another three this year; policy exit speculations from the European Central Bank (ECB) and the Bank of Japan (BOJ); and, hawkish policy leanings from the Bank of England ("an ongoing tightening of monetary ...

Chief economist update: UK economy slows on Brexit woes

BENJAMIN ONG  |  TUESDAY, 12 FEB 2019
When the Bank of England (BOE) decided to keep monetary policy settings unchanged following its February 7 monetary policy committee meeting, it acknowledged in its statement that: "UK economic growth slowed in late 2018 and appears to have weakened ...

ASIC gears up for Brexit

KANIKA SOOD  |  MONDAY, 11 FEB 2019
ASIC is liaising with the UK corporate regulator, Bank of England and local stakeholders to prepare for Brexit's impact, it said in a statement. ASIC said it will enter into new memorandums of understanding (MoU) with the UK's Financial Conduct Authority ...

Chief economist update: Euro contagion redux?

BENJAMIN ONG  |  FRIDAY, 8 FEB 2019
... of EU Member States". And here, we still haven't factored in the UK wherein which Brexit uncertainty has prompted the Bank of England (BOE) to cut its GDP growth outlook to 1.2% this year (previously prior 1.7%) and 1.5% (from 1.7%) in 2020. Contagion ...

Industry dubious about one regulatory body: Survey

KARREN VERGARA  |  MONDAY, 10 DEC 2018
... structure of Australia's financial services framework is similar to the UK, which is overseen by three main regulators: the Bank of England (BOE); Prudential Regulation Authority (PRA), which is a division of the BOE; and Financial Conduct Authority ...