5Vote!
SeekingAlpha.com (Free subscription) | 12/04/2009
All Things Forex submits: The U.S. Retail Sales and Consumer Sentiment along with four interest rate announcements from the Bank of Canada, the Reserve Bank of New Zealand, the Swiss National Bank and the Bank of England will keep traders focused on consumer spending and any signs of future changes in the monetary policies from major central banks around the world. In preparation for the new trading...
3Vote!
Financial Times (Free subscription) | 12/02/2009
Lenders face £6bn in extra interest rate costs over the next four years as the Bank of England withdraws cheap emergency loans
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Market Watch (Free subscription) | 12/02/2009
LONDON (MarketWatch) -- U.K. insurance and investments group Legal & General on Wednesday named John Stewart as the successor to its Chairman Rob Margetts. The company said Stewart will become chairman-designate from Jan. 1 and will take over from Margetts on March 1. Stewart was previously CEO of National Australia Bank from 2004 to 2008 and is also a non-executive director of Telstra Corp. and...
3Vote!
IPE Journal (Free subscription) | 12/02/2009
The list of quality economic blogs that are consistently worth reading is a suprisingly short one. Sadly, that list just got shorter: Willem Buiter is bringing Maverecon to a close when he takes up his new job as chief economist at Citigroup in January. Buiter will be working for a firm that he labelled, in April 2009, "a conglomeration of worst-practice from across the financial spectrum.”...
5Vote!
SeekingAlpha.com (Free subscription) | 11/30/2009
Research Recap submits: A new discussion paper from the Bank of England looks at the concept of increasing capital requirements on banks during market bubbles and reducing them in times of weak economic conditions when banks are typically reluctant to lend. Excerpts from The role of macroprudential policy (free pdf download) Complete Story »
5Vote!
SeekingAlpha.com (Free subscription) | 11/25/2009
Dr. Duru submits: The Bank of England (BoE) released its “ Inflation Report ” on November 11, 2009. This was my first time ever reviewing the report and watching BoE Governor Mervyn King in action as he coolly parried with reporters during the press conference covering the report. The latest Inflation Report frequently references the benefits of the depreciation of sterling (I refer to...
5Vote!
SeekingAlpha.com (Free subscription) | 11/24/2009
Despite numerous fundamental economic reports, this pair continues to trade in an orderly fashion within the defined trading range of 1.48 to 1.50. The preliminary US GDP report came in at a positive 2.8%, one tick less that the anticipated 2.9, but less than the initial high ball report of 3.5%. The US Conference Board Survey of consumer confidence showed increasing optimism, 49.5% versus anticipated...
4Vote!
Market Watch (Free subscription) | 11/19/2009
LONDON (MarketWatch) -- Lending to U.K. businesses fell 6% in September compared to the prior year, the Bank of England said Thursday, worse than the 4.3% downturn in August. "Net capital market issuance has slowed in recent months, which lenders attributed to many businesses having already raised the funding planned for 2009 earlier in the year. Syndicated lending remained weak. The major U.K....
3Vote!
Financial Times (Free subscription) | 11/18/2009
The pound lost ground against the dollar and the euro on Wednesday after the release of the minutes of the Bank of England's November monetary policy committee meeting.
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Market Watch (Free subscription) | 11/18/2009
Bank of England policymakers split three ways earlier this month over the decision to boost the central bank’s money-creating, asset purchase plan, minutes of the Nov. 4-5 meeting released Wednesday revealed.
4Vote!
Market Watch (Free subscription) | 11/18/2009
LONDON (MarketWatch) -- Members of the Bank of England's Monetary Policy Committee split three ways over the size of the central bank's money-creating, asset-purchase plan earlier this month, according to minutes of the Nov. 4-5 meeting released Wednesday. Seven members of the MPC, including BOE Governor Mervyn King, voted in favor of the plan to boost the size of the program by 25 billion pounds...
5Vote!
SeekingAlpha.com (Free subscription) | 11/17/2009
The Baseline Scenario submits: By Simon Johnson “ Banking on the State ” by Andrew Haldane and Piergiorgio Alessandri is making waves in official circles. Haldane , Executive Director for Financial Stability at the Bank of England, is widely regarded as both a technical expert and as someone who can communicate his points effectively to policymakers. He is obviously closely in line –...
5Vote!
iStockAnalyst.com (Free subscription) | 11/17/2009
“Banking on the State” by Andrew Haldane and Piergiorgio Alessandri is making waves in official circles. Haldane, Executive Director for Financial Stability at the Bank of England, is widely regarded as both a technical expert and as someone who can communicate his points effectively to policymakers. He is obviously closely in line – although not in complete agreement - with the thinking...
12Vote!
The Baseline Scenario (Free subscription) | 11/17/2009
“Banking on the State” by Andrew Haldane and Piergiorgio Alessandri is making waves in official circles. Haldane, Executive Director for Financial Stability at the Bank of England, is widely regarded as both a technical expert and as someone who can communicate his points effectively to policymakers. He is obviously closely in line – although not in complete [...]
5Vote!
The Wall Street Journal (Free subscription) | 11/11/2009
Bank of England Governor King cautioned against hysteria about the U.K.'s burgeoning fiscal deficit, stressing that it's possible for the central bank to exit stimulus measures without the cost of government borrowing rocketing.
1Vote!
digitalfever | 01/09/2009
The Bank of England has fulfilled most analysts expectations by reducing its base rate again, setting it at its lowest ever value of 1.5 percent.