Posts Tagged ‘Bank Of England’

The economic impact of sterling’s recent moves: more than a midsummer night’s dream

Wednesday, October 1st, 2014

Speaking at an event organised by 100 Women in Hedge Funds, at the Canada Imperial Bank of Commerce, Kristin Forbes discusses the impact of the recent appreciation in the sterling exchange rate on the UK economy. (more…)

Mensch tract, und Gott lacht: Giving guidance on future monetary policy

Tuesday, September 30th, 2014

In a speech today at the London School of Economics, MPC Member Professor David Miles asks “what is the most useful way for a central bank to provide information about the way in which it will set monetary policy?

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Bank of England Quarterly Bulletin 2014 Q3

Tuesday, September 16th, 2014

A major development in UK household balance sheets in the decade before the financial crisis was the build-up of household debt, which as a share of income rose from around 100% in 1999 to a peak of 160% in 2008. (more…)

Bank of England on the potential of Bitcoin and digital currencies

Thursday, September 11th, 2014

There are two articles in the bank of England’s Quarterly Bulletin 2014 Q£ that look at Bitcoin and the potential of digital currencies in the UK economy. (more…)

Bank of England announces De La Rue as preferred bidder for banknote printing contract

Monday, September 8th, 2014

The Bank of England is today announcing that it has selected De La Rue as its “preferred bidder” in the tender for its banknote printing contract.

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Bank of England publishes approach to supervising international banks

Friday, September 5th, 2014

Prudential Regulation Authority’s approach to branch supervision (more…)

Unemployment and the conduct of monetary policy in the UK

Saturday, August 23rd, 2014

Speaking to the FRBK’s Economic Policy Symposium in Jackson Hole, Ben Broadbent, Deputy Governor for Monetary Policy, sets out why, historically, UK monetary policy failed to respond directly to labour market developments; why, in 2013, “the MPC chose to condition policy explicitly on unemployment… and how things have progressed since then.” (more…)

Forward Guidance: One Year On

Friday, August 8th, 2014

• Majority believe interest rates will rise during 2015

• A third say they will be better off if interest rates rise

A year on from Mark Carney’s decision to implement ‘forward guidance’, research from YouGov and Cebr shows that although there is not a great deal of recognition of what the term actually means (more…)

UK Bank rate remains unchanged

Thursday, August 7th, 2014

In what must be the most unsurprising of events the Bank of England’s Monetary Policy Committee decided yet again to keep the bank rate at its record low of 0.5 percent and maintain the level of the asset purchase programme at £375 billion. (more…)

Impact of a Potential Rise in UK Interest Rates

Monday, August 4th, 2014

Ahead of the Bank of England’s Official Bank Rate decision on 7th August 2014,  Algernon Percy, Managing Director at Waverton Investment Management assesses the impact a rise will have on the UK economy: (more…)

Bank of England announces departure of Spencer Dale and appointments to the PRA Board

Monday, August 4th, 2014

The Bank of England is today announcing the departure of Spencer Dale, the Bank’s Executive Director for Financial Stability Strategy and Risk. The Bank is also announcing new appointments to the Board of the Prudential Regulation Authority (PRA). (more…)