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Showing 1 - 8 of 8 results for "Governor Carney"

Chief economist update: BOE waiting on Brexit

BENJAMIN ONG  |  FRIDAY, 2 NOV 2018
... (year-on-year) in the three months to August -- the fastest rate since January 2009 - from 2.9% in the previous period. But governor Carney could be forgiven for "waiting" this time because Brexit is nigh. "The economic outlook will depend significantly ...

The BOE's got no problem

BENJAMIN ONG  |  THURSDAY, 23 AUG 2018
... costs than has been seen over recent years." The inflow of UK indicators post the BOE's meeting showed that Governor Carney was correct not to wait. UK labour market stats since then indicate that it doesn't have to wait until 2019 for that slack ...

Chief economist update: Three ayes for a rate hike

BENJAMIN ONG  |  FRIDAY, 22 JUN 2018
... ECB and BOJ - the Bank of England (BOE) did not disappoint market expectations (unlike in its May meeting where Governor Carney hinted at a rate hike months before, but didn't). "At its meeting ending on 20 June 2018, the MPC voted by a majority ...

Australian end of financial year sale

BENJAMIN ONG  |  FRIDAY, 30 JUN 2017
... their job" and that excess slack in Canadian economy is being absorbed "steadily" at current pace of growth. BOE governor Carney rounded up the central bank-speak, saying that some removal of the stimulus is likely to become necessary if the trade-off ...

Trump is heaven's gift to central banks

BENJAMIN ONG  |  FRIDAY, 11 NOV 2016
... Draghi had for a long time been asking governments for support with increased spending and looser tax policies. BOE governor Carney exhorted governments to implement fiscal and structural policies to boost growth. So did, RBA governor Lowe - "One thing ...

Lift-off on Carney's mind

BENJAMIN ONG  |  WEDNESDAY, 15 JUL 2015
... financial market's reaction was immediate -- the pound strengthened and yields on 10-year gilts shot up. To be sure, governor Carney still has doubts about Greece, "The process by which this agreement was struck, the nature of the agreement, the scale ...

Governor Carney is no monkey

BENJAMIN ONG  |  FRIDAY, 29 NOV 2013

Move the goalpost Mark

BENJAMIN ONG  |  THURSDAY, 14 NOV 2013
... found them - the Bank Rate at 0.5% and the asset purchase program ceiling at A£375 billion. But in fairness to Governor Carney, he must have foreseen the strengthening momentum in the UK economy and judged that staying the course is the best course ...
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