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Showing 1 - 10 of 100+ results for "Bank of England"

US, UK hike interest rates

ELIZABETH MCARTHUR  |  FRIDAY, 18 MAR 2022
The US Federal Reserve and the Bank of England have increased interest rates - with the US pulling the trigger on rates for the first time since 2018. Effective from March 17, the US Federal Reserve increased interest rates by 0.25% to 0.40%. The US ...

DIY investors embrace Meta Platforms

CHLOE WALKER  |  FRIDAY, 14 JAN 2022
... dominate eToro's top 10 list of most-held stocks, despite fears over rising inflation and higher interest rates. The Bank of England became the first major central bank last month to raise rates from record lows, while the US Federal Reserve has warned ...

Economic recap: Week to November 5

BENJAMIN ONG  |  MONDAY, 8 NOV 2021
... at least 2024. November was different. Bond yields dropped and equity markets rose after the RBA, the Fed and Bank of England (BOE) met. There were lotsa lotsa headlines devoted at dissecting the RBA's November 2 decision to "discontinue the target ...

Chief economist update: UK not there yet

BENJAMIN ONG  |  FRIDAY, 25 JUN 2021
Financial markets widely expected the Bank of England's (BOE) decision to keep current 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 ...

Chief economist update: The UK's going OK

BENJAMIN ONG  |  MONDAY, 31 MAY 2021
The country hasn't fully opened yet but easing restrictions, increased rate of vaccinations and stronger consumer and business spending combined to speed up the UK's recovery. This is underscored by the latest IHS Markit/CIPS PMI survey. Preliminary ...

Chief economist update: Did the BOE just announce taper?

BENJAMIN ONG  |  FRIDAY, 7 MAY 2021
This month the Bank of 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 ...

Chief economist update: BOJ has no plans to ease easing

BENJAMIN ONG  |  TUESDAY, 30 MAR 2021
... in-line with unchanged policy decisions by its peers - the Federal Reserve, the European Central Bank and the Bank of England - in the same month. Besides, the BOJ was waxing optimistic over the outlook for the Japanese economy. "Japan's economy ...

Chief economist update: BOE not letting its guard down

BENJAMIN ONG  |  TUESDAY, 23 MAR 2021
... 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 corporate bond purchases, financed by the issuance of central ...

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 ...

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 ...
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