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Showing 71 - 80 of 411 results for "BOE"

Chief economist update: Stock rally heralds 2020 cheer

BENJAMIN ONG  |  THURSDAY, 19 DEC 2019
... Bank (ECB) embarked on TLTRO III and re-started QE, China boosted both monetary and fiscal policies, the Bank of England (BOE) maintained its accommodative stance and the government pledged increased fiscal stimulus and the Bank of Japan (BOJ) may have ...

Chief economist update: Santa Claus is coming to town

BENJAMIN ONG  |  MONDAY, 11 NOV 2019
... expected to implement increased policy stimulus measures. Central banks have indeed raised policy stimulation - in words (BOJ, BOE) and in deed (Fed, ECB, PBOC and RBA) - and the recent positive turn of events - US-China trade deal, the UK could finally ...

Chief economist update: Brexit la la la

BENJAMIN ONG  |  FRIDAY, 8 NOV 2019
... Britons and Europeans and the rest of the world are not holding their collective oxygen intake. However, Bank of England (BOE) governor Mark Carney have changed his tune. If memory serves me right, Carney warned about the increased likelihood that the ...

Chief economist update: Brexit uncertainty is not all that bad

BENJAMIN ONG  |  TUESDAY, 15 OCT 2019
... the global economic backdrop, it could be this very uncertainty over Brexit that is working in the Bank of England's (BOE) favour. It's one of the very few central banks that's forward guiding monetary policy towards higher interest rates ...

Hong Kong drops LSE bid

ELIZA BAVIN  |  WEDNESDAY, 9 OCT 2019
The bid was dependent on the axing of the London exchange's proposed Refinitiv takeover. The LSE had rejected the offer before it was pulled saying it fell "substantially short" of an appropriate valuation and there was "no merit in further engagement". ...

Surprise $56 billion bid for London Stock Exchange

ELIZA BAVIN  |  THURSDAY, 12 SEP 2019
The Hong Kong Exchanges and Clearing has proposed a $56 billion takeover of the London Stock Exchange. In a statement, HKEX said: "The board believes a proposed combination with LSEG represents a highly compelling strategic opportunity to create a global ...

Chief economist update: Greater than the Great Recession of 2008

BENJAMIN ONG  |  THURSDAY, 15 AUG 2019
... September 2008, policy rates among the world's major central banks were higher - 7.25% for the RBA (now 1%); 5.75% for the BOE (now 0.75%); 5.25% for the Fed (now 2.25%); 4.25% for the ECB (now 0%); and, 0.5% for the BOJ (now -0.1%). How much lower ...

Chief economist update: Global easing

BENJAMIN ONG  |  TUESDAY, 13 AUG 2019
... recession and the latest political uncertainty in Italy where the ruling party faces a no-confidence vote. The Bank of England (BOE) despite earlier alluding to higher interest rates, has kept the Bank Rate on ice since it lifted it by 25 bps to 0.75% ...

Chief economist update: The UK is not OK

BENJAMIN ONG  |  MONDAY, 12 AUG 2019
When it met on August 1, the Bank of England (BOE) rightly anticipated slower GDP growth in the second quarter, saying: "After growing by 0.5% in 2019 Q1, GDP is expected to have been flat in Q2... reflecting both the impact of intensifying Brexit-related ...

Chief economist update: BOE flips tightening bias to easing

BENJAMIN ONG  |  MONDAY, 8 JUL 2019
... outlook have increased." These are, more or less, the same conditions that appear to have changed the Bank of England's (BOE) tightening bias. In his speech at the Local Government Association Annual Conference and Exhibition in Bournemouth, BOE ...