Is the Bank of England’s quantitative tightening causing problems for banks? Economics In a recent speech, Andrew Bailey, the Bank's Governor, said more banks were turning to the facility as the cost of liquidity in money markets rose relative to Bank Rate.
The Bank of England decision that really matters this week Economics The Bank of England's interest rate decision later this week looks like a done deal. But there is another, arguably more important, decision you should be paying attention to, Chris Dorrell writes
It’s time to revisit Bank of England independence Damian Pudner Independence should not mean the Bank of England is shielded from government scrutiny and accountability to the public, says Damian Pudner Last week, a striking disclosure by former prime minister Liz Truss reignited the debate on the delicate balance between political authority and the operational independence of central banks – a topic with profound implications [...]
What is the Bank of England’s ‘once in a generation’ Bernanke review? April 9, 2024 The review, launched last summer, was led by Ben Bernanke, who chaired the Federal Reserve between 2006 and 2014.
Bank of England should not adopt ‘aggressive’ rate cuts October 8, 2024 In an interview with the Guardian, Governor Andrew Bailey said there was a chance that the Bank could become a "bit more activist" on rate cuts in the months ahead.
Hawkish Bank of England? Don’t be so sure. September 19, 2024 "The economy has been evolving broadly as we expected," Bailey said. "If that continues, we should be able to reduce rates gradually over time".
Why the Bank of England will hold interest rates tomorrow September 18, 2024 The firm consensus is for the Bank of England to hold rates tomorrow, but this will not prevent a further cut in November.
Wage growth slows ‘markedly’ in a boost for the Bank of England September 10, 2024 Strong wage growth has been a concern for policymakers at the Bank of England due to fears that it could keep cost pressures elevated, particularly in the labour-intensive services sector.
Markets doubt Bank of England’s cautious approach to interest rates September 30, 2024 The Bank of England held interest rates at five per cent last week, having cut rates for the first time since the pandemic back in August.
Why the Bank of England will cut interest rates on Thursday July 30, 2024 For the first time in months, there is genuine uncertainty about whether the Bank of England will cut or hold interest rates. But signs are pointing towards a cut, Chris Dorrell argues