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Showing 71 - 80 of 453 results for "England"

Chief economist update: COVID with a vengeance

BENJAMIN ONG  |  WEDNESDAY, 13 JAN 2021
... retail shops, restaurants and tourism businesses from the re-enforced lockdown. The fiscal stimulus gives the Bank of England (BOE) some breathing room to assess the recent developments before its scheduled meeting on the February 4. At its December ...

Chief economist update: We're not there yet

BENJAMIN ONG  |  FRIDAY, 13 NOV 2020
"Curb your enthusiasm" was the overriding message from the world's top three central bankers at the annual ECB Forum on Central Banking 2020, held online on November 11-12. The head honchos of the US Federal Reserve, European Central Bank and the ...

Chief economist update: More money for reimposed lockdown

BENJAMIN ONG  |  FRIDAY, 6 NOV 2020
... on the other side of the Atlantic where both fiscal and monetary policies came into play. Renewed lockdown measures in England - starting November 5 - have prompted the government and the Bank of England (BOE) into action. UK Chancellor of the Exchequer ...

Chief economist update: The UK's new plan... after two plans

BENJAMIN ONG  |  FRIDAY, 23 OCT 2020
... this year, that was itself followed by the "Winter Economic Plan" declared in late September. For its part, the Bank of England (BOE) has left the monetary policy door open for negative interest rates and more QE. The UK might be able to contain the ...

Chief economist update: COVID-19 returns to Europe with a vengeance

BENJAMIN ONG  |  MONDAY, 19 OCT 2020
... gatherings and curfews for bars and restaurants," it reads. "The UK's tiered mitigation system saw more parts of northern England, Northern Ireland and importantly, capital city London facing tighter curbs, which includes a ban on households socialising ...

Frydenberg bets on infrastructure for recovery

KARREN VERGARA  |  TUESDAY, 6 OCT 2020
... nation, Frydenberg pledged more funding that includes: $2.7 billion for New South Wales, including $603 million for the New England Highway Singleton Bypass and Bolivia Hill upgrade, and an additional $491 million for the Coffs Harbour Bypass; $1.1 billion ...

Chief economist update: Winter of Europe's discontent

BENJAMIN ONG  |  TUESDAY, 6 OCT 2020
"The sun did not shine. It was too wet to play. So we sat in the house. All that cold, cold, wet day." - Dr. Seuss They've had their fun in the sun but now, like it or not (certainly not), Europe could well have to sit it out and hibernate for the ...

Chief economist update: RBA negative on negative interest rate policy

BENJAMIN ONG  |  WEDNESDAY, 23 SEP 2020
... reduce these interest rates." The second negative interest rate wave speculation in Australia comes soon after the Bank of England (BOE) divulge in its September 17 Monetary Policy Committee (MPC) report that: "The MPC had been briefed on the Bank of ...

Chief economist update: Australia on top despite recession

BENJAMIN ONG  |  FRIDAY, 4 SEP 2020
... surrounding the pandemic - and recent reports of hiccups in the UK/Euro Brexit negotiations -- so much so that the Bank of England (BOE) and the Exchequer remain on their toes. The BOE kept the Bank Rate unchanged at its July meeting after it maintained ...

Chief economist update: UK plans for jobs

BENJAMIN ONG  |  THURSDAY, 9 JUL 2020
... investors' continued sense of caution amid the lingering uncertainty surrounding the pandemic so much so that the Bank of England (BOE) and the Exchequer remain on their toes. While the BOE kept the bank rate unchanged at a record low 0.1% at its ...