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Showing 1 - 4 of 4 results for "Monetary Policy Summary"

Chief economist update: Did the BOE just announce taper?

BENJAMIN ONG  |  FRIDAY, 7 MAY 2021
... 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 Policy Committee meeting ending on 5 May 2021" document is the paragraph: "The existing programme ...

Chief economist update: Three ayes for a rate hike

BENJAMIN ONG  |  FRIDAY, 22 JUN 2018
... nil in March. The three who voted 'ayes' have good reason for doing so because as stated in the Monetary Policy Summary: "In the MPC's most recent projections, set out in the May Inflation Report... a small margin of excess demand was projected ...

BOE does what it said it would do

BENJAMIN ONG  |  FRIDAY, 3 NOV 2017
... 2016 to head off any nasty repercussions of the Brexit vote on the 23rd of June of the same year. The 'Monetary policy summary' explains the rationale behind the decision: "The steady erosion of slack has reduced the degree to which it is appropriate ...

No follow through

BENJAMIN ONG  |  TUESDAY, 8 AUG 2017
... August meeting -- - the first since Carney made the statement in late June. The British central bank's monetary policy summary statement revealed its continued worry over above target inflation - headline at 2.6% in June; core at 2.4% -- brought about ...
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