United Kingdom
UK rate cuts must wait, says BoE chief economist
Huw Pill says policy must remain restrictive to tackle persistent components of inflation
Taking stock of Bernanke: the original sin of forecasting
Jagjit Chadha says the Bernanke review of forecasting should be the start of a more profound discussion at the Bank of England
Bernanke calls for total redesign of BoE forecasting
Report calls for major changes to infrastructure, core models, staffing, communications and more
Bank of England: time for fourth-generation forecasting tools?
Economists suggest ways to improve BoE’s framework ahead of Bernanke’s report
Fixing forecasting at the Bank of England
Ahead of the launch of the Bernanke review, NIESR’s Stephen Millard makes the case for three key changes to the BoE’s forecasting
BIS project aims to redesign global payments infrastructure
“Most ambitious” innovation hub project to date will test BIS’s “unified ledger” concept
BoE plans upgrades to data collection process
Overhaul includes work on validation, communications with firms and common data standards
BoE says risk of ‘sharp correction’ in asset prices has risen
Drop in asset prices could trigger renewed “dysfunction” in core markets, central bank says
BoE holds policy rate as MPC flags persistent inflation
Headline price rises forecast to drop below 2% within months, but wage growth remains high
BoE official reveals details of non-bank backstop design
Bank intends to activate mechanism in crises only, despite firms’ call for standing liquidity facility
‘Passive’ QT can be costly, BoE paper finds
Research highlights need to account for frictions and build “headroom” for future shocks
UK floats plan to seize Russian central bank assets
Foreign secretary says country is prepared to act without all its Nato partners
Pill says BoE has focused too hard on inflation forecast
Chief economist argues “richer and more robust analysis” is needed
BoE has ‘more to do’ after compliance breaches
UK audit office says more than 40% of staff still did not feel free to raise concerns in 2023
Clare Lombardelli appointed BoE deputy governor
OECD chief economist will take over UK central bank’s monetary policy portfolio
Campaigners call on BoE to make collateral rules greener
Report says bank’s use of fossil fuel assets as collateral is adding to climate risks
Legislation needed to break non-bank deadlock – BIS’s Borio
Panellists at BoE event highlight array of shortcomings with regulatory framework
BoE’s Dhingra says restrictive policy risks ‘scarring’ economy
MPC member warns that focusing on pay and services inflation could lead to “overtightening”
Bailey hints at possible outcome of Bernanke review
Bank of England may present range of scenarios around central forecast
BoE’s focus has shifted from tightening, says deputy governor
Inflation “moving in right direction” but trends still need to be monitored, Breeden says
UK plans to tap deposit insurance to support resolution
New mechanism would use deposit insurance to fund failed banks, bridge banks and regulators