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Showing 1 - 10 of 74 results for "Bank Rate"

Chief economist update: UK not there yet

BENJAMIN ONG  |  FRIDAY, 25 JUN 2021
... monetary policy settings unchanged at its June monetary policy committee meeting. "The MPC voted unanimously to maintain Bank Rate at 0.1%... and to maintain the stock of sterling non-financial investment-grade corporate bond purchases, financed by the ...

Chief economist update: Did the BOE just announce taper?

BENJAMIN ONG  |  FRIDAY, 7 MAY 2021
... England's (BOE) monetary policy committee decided to keep the existing stance of monetary policy unchanged; the Bank Rate remains at a record low 0.1% and QE at £895 billion. But buried in the "Monetary Policy Summary and minutes of the Monetary ...

Chief economist update: Bank of Canada walks the talk

BENJAMIN ONG  |  THURSDAY, 22 APR 2021
... "The Bank of Canada today held its target for the overnight rate at the effective lower bound of 1/4 percent, with the Bank Rate at 1/2 percent and the deposit rate at 1/4 percent. The Bank continues to provide extraordinary forward guidance on the path ...

Chief economist update: BOE not letting its guard down

BENJAMIN ONG  |  TUESDAY, 23 MAR 2021
... Committee judged that the existing stance of monetary policy remains appropriate. The MPC voted unanimously to maintain Bank Rate at 0.1%. The Committee voted unanimously for the Bank of England to maintain the stock of sterling non-financial investment-grade ...

Chief economist update: NIRP embedded in BOE forecasts

BENJAMIN ONG  |  FRIDAY, 5 FEB 2021
... The Bank of England (BOE) gave financial markets what they wanted and kept monetary policy settings unchanged - the bank rate at a record low 0.1% and QE at £895 billion - at its first Monetary Policy Committee meeting on February 4. It was hoping for ...

Chief economist update: COVID with a vengeance

BENJAMIN ONG  |  WEDNESDAY, 13 JAN 2021
... scheduled meeting on the February 4. At its December 2020 meeting, the UK central bank voted unanimously to maintain Bank Rate at a record low of 0.1% and the size of its bond-buying program at £875 billion. Then again, at the time, it expected that ...

Chief economist update: More money for reimposed lockdown

BENJAMIN ONG  |  FRIDAY, 6 NOV 2020
... purchase target by a larger-than-expected £150 billion (expectations were for £100 billion addition) - but kept the Bank Rate steady at 0.10%. Money and more money sent the FTSE-100 index to a near three-week high. The BOE's decision factored in ...

Chief economist update: RBA negative on negative interest rate policy

BENJAMIN ONG  |  WEDNESDAY, 23 SEP 2020
... Committee (MPC) report that: "The MPC had been briefed on the Bank of England's plans to explore how a negative bank rate could be implemented effectively, should the outlook for inflation and output warrant it at some point during this period of ...

Chief economist update: Australia on top despite recession

BENJAMIN ONG  |  FRIDAY, 4 SEP 2020
... 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 the Bank Rate at a record low 0.1% in June and it increased its GILT ...

Chief economist update: UK plans for jobs

BENJAMIN ONG  |  THURSDAY, 9 JUL 2020
... 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 latest meeting in June, it increased its GILT purchases by £100 billion - taking the ...
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