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Tag : BoE
What does the rate cut mean for you?
The BoE announces a cut in interest rates to record low of 0.25 percent Holly Mackay August 5, 2016: The Bank of England has decided to take on the role of a supportive friend following Brexit with a 0.25% rate cut and some more quantitative easing. That’s basically when the Government prints money and flushes...
BOE keeps rates unchanged
Move surprises many; however, cuts may take place in August IFM Correspondent July 15, 2016: In a move that has surprised many, Bank of England (BoE) has kept interest rates unchanged, despite widespread expectations that it was going to cut its benchmark rate in the wake of a June vote in the UK to leave...
Post-Brexit, BoE may cut interest rate
Move aimed at boosting the economy IFM Correspondent July 11, 2016: In order to provide a fillip to the economy post-Brexit, the Bank of England (BoE) is expected to cut interest rates to new historic lows on Thursday. Though a slowdown post-Brexit was more or less predicted, the bank may decide to take some measures...
Differences at Bank of England
BoE governor has presided over his first split vote. However, the two members who voted for a rate rise are unlikely to be joined by others for a while yet. August 21, 2014: The minutes of the Bank of England monetary policy meeting on August 6-7 showed that the committee voted 7-2 in favour of keeping Bank...
Implications of Quantitative Easing by Fed to Emerging Markets
Quantitative Easing an unheard phrase five years ago is one of the newest discoveries in macroeconomic policy. 2nd September 2013 Quantitative Easing is a form of open market operations that Federal Reserve uses to achieve its policy targets, literally speaking it is printing of money by the central banks, but rather than printing money Central...
The End of King’s Reign
Sir Mervyn, put it this way in the speech “Whether in this country, the United States or Europe, there was no unsustainable boom like that seen in the 1980’s” this was a bust without a boom. Sir Mervyn Allister King blamed the recklessness of banks and a collective ‘failure of imagination’ for the huge lending...