The FSA, OFT and FOS are planning a new joint ‘Consumer Protection Committee’
Posts Tagged ‘Bank Of England’
The January sales and pay freeze
Tuesday, February 9th, 2010Secret Bank Of England Loans
Tuesday, November 24th, 2009
Last October, the Bank of England presumably at the behest of the Government made secret emergency loans to the Royal Bank of Scotland (RBS) and Halifax Bank of Scotland (HBOS). These totalled some £61.6 billion pounds and prevented them going under. What this amounts to is that banks that the general public thought were on the verge of going under had already effectively done so. Details of this ‘Emergency Liquidity Assistance’ have just been released. …read more
Quantitative easing and inflation
Wednesday, November 18th, 2009
The three way split within the Bank Of England’s Monetary Policy Committee over the future of quantitative easing highlighted the different interpretations of QE within the committee itself.
Bank of England MPC go for another £25 Bn in quantitative easing
Thursday, November 5th, 2009
As widely predicted and agreed by us, the MPC have maintained the interest rates not unsurprisingly at 0.5%. What they have done, again as we expected, is to increase the quantitative easing programme by another £25 Bn over the next 3 months. But where will the money end up? …read more
Blanchflower calls for increased Quantitative Easing
Wednesday, November 4th, 2009David Blanchflower, ex of the Bank of England Monetary Policy Committee, has called for the Bank to make the decision to expand its quantitative Easing programme when it has its monthly meeting tomorrow. It would be a surprise if there was any move to change the base rate from 0.5 % but it appears to be open season on QE. Although it has to be said that last month the British Chambers of Commerce did call for increased QE but also for a move of interest rates into negative territory so as to ‘guarantee recovery’. …read more
Are lenders about to start lending again?
Friday, October 23rd, 2009
Are lenders really changing their position and lending more or are they just giving the appearance of lending to prevent government intervention in lending?
The Recession Continues
Friday, October 23rd, 2009
The growth projections were just wishful thinking, £175bn in liquidity was not enough to put the brakes on the economy as it heads downhill. So will there be a continuation of the quantitative easing over the next couple of months/years?
The End Of The Recession?
Friday, October 23rd, 2009
The country and the halls of power in Westminster eagerly await today’s figures to find out if the combined policies of both government and the Bank Of England have prevailed and dragged us out of the sharpest recession in living memory.
Quantitative easing and a contracting money supply in the real economy
Wednesday, February 17th, 2010…read more
Tags: Bank Of England, boe, Comment, Hyper inflation, inflation, interest rates, money supply, News, Oil, Peak Oil, Quantitative Easing
Posted in Comment | 3 Comments »