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Showing 81 - 90 of 451 results for "England"

Chief economist update: Annus horribilis with a vengeance

BENJAMIN ONG  |  FRIDAY, 8 MAY 2020
... know 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 ...

Chief economist update: Turns out Brexit was heaven

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

Opportunities in fixed interest during crisis

ALLY SELBY  |  TUESDAY, 7 APR 2020
... looking for opportunities to get US-style spreads into our portfolios by buying names that we know the Fed, the Bank of England and the European Central Bank (ECB) are going to be buying." It has also been buying "high quality corporates" such as McDonalds ...

Chief economist update: The cheaper alternative

BENJAMIN ONG  |  WEDNESDAY, 25 MAR 2020
... control, when frontline responders are themselves infected and medical supplies (like ventilators) become scarce. The Bank of England has cut interest rates by a total of 65 bps in March - 50bps on March 11 and 15 bps on the 19th and increased its bond ...

Chief economist update: The corona crash of 2020

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

Diversity should not exclude white men: Thinking Ahead

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 MAR 2020
... struggle with that," she said. She shared the story of a man who worked at a UK pension fund trustee who grew up in Northern England and struggled to get a job in London because of his accent and background - despite being white and male. "Nobody looked ...

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
... Brexit 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 ...

Chief economist update: Stock rally heralds 2020 cheer

BENJAMIN ONG  |  THURSDAY, 19 DEC 2019
... Central 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) ...

Remediation bill tops $10b: ASIC

ELIZA BAVIN  |  MONDAY, 18 NOV 2019
... $10 billion." Chester said this figure is not as shocking as it first seems, comparing it to the US$320 billion Bank of England governor Mark Carney estimated in 2017 for the global cost of misconduct for banks post Global Financial Crisis. "Our interim ...