Paul Tucker
Bank may extend support operations
Paul Tucker, deputy governor of the Bank of England said on 28 May that the Bank might give permanent form to some of the programmes it created specially during the financial crisis.
Are Libor spreads near the new normal?
A decline in interbank spreads shows confidence is returning. But, the margins at which spreads settle are likely to reveal much about how the crisis has changed the face of finance for years to come, Claire Jones, the editor of CentralBanking.com, says.
Tucker: macroprudential is more than macro + micro
A macroprudential approach to financial supervision requires more than simply bringing together the central bank's macroeconomists and the regulator's line supervisors, said Paul Tucker, a deputy governor of the Bank of England.
BoE's Tucker: end bickering over CDS clearing
Paul Tucker, the soon-to-be deputy governor responsible for financial stability at the Bank of England, has called on officials to stop feuding over plans to create a central counterparty for credit default swaps (CDS).
Fisher gets markets job
Paul Fisher has been appointed as the new executive director for markets of the Bank of England. Fisher will start in his role on 1 March and will also sit on the monetary policy committee (MPC).
UK action must be backed up abroad: BoE's Tucker
The British Treasury's measures, announced Monday, to kickstart a financial recovery stand a better chance of success if they are mirrored by governments across the globe, a senior Bank of England official testified on Wednesday.
Why we must say no to nationalisation
In the UK, nationalisation is increasingly being advocated by many experts as a solution to the banking crisis. Such a step would be a disaster for the UK and the City of London, argues Robert Pringle, the editor-in-chief of Central Banking journal.
BoE's Tucker highlights inflation risk
The news on the British economy has got worse and inflation now looks more likely to fall sharply in 2009, but Paul Tucker, the executive director responsible for markets at the Bank of England, signalled Friday that the Monetary Policy Committee (MPC)…
Central bank action removed liquidity threat: BoE
Senior Bank of England officials on Wednesday said liquidity tensions in global credit markets had diminished on the back of central banks' efforts.
Bank of England holds
The Bank of England left its benchmark rate at 5% on Thursday.
BoE's Tucker on assessing price impact of slowdown
A key challenge for the Bank of England's Monetary Policy Committee will be to assess whether the expected economic slowdown will be sufficient to bring inflation back to target, said Paul Tucker, the Bank's executive director responsible for markets.
Chief economist to succeed Lomax as BoE deputy
Charles Bean, the chief economist at the Bank of England, will replace Rachel Lomax as deputy governor responsible for monetary policy when she steps down at the end of June.
Inflation of paramount importance: BoE's Tucker
A senior Bank of England official has underlined the institution's "overriding" commitment to its 2% inflation target.
City bankers set for stability role
A team of City of London bankers could support the Bank of England's efforts to foster financial stability, Alistair Darling, the chancellor, said Thursday.
Spreads a poor gauge of crisis: Canada's Carney
Existing measures of interbank spreads are an unreliable way of measuring the effectiveness of central bank intervention in alleviating money-market tensions, said Mark Carney, the governor of the Bank of Canada.
Liquidity scheme stabilising markets: BoE staff
The Bank of England's governor and head of markets said on Wednesday that its Special Liquidity Scheme, introduced in late April, had begun to temper money-market tensions.
UK opposition calls for new central bank powers
Giving central banks the power to vary the capital banks hold over the economic cycle could help prevent asset price collapses, argued George Osborne, the Conservative shadow chancellor.
Tucker: BoE to only partly offset the credit blow
The Bank of England should cut rates gradually to avoid inflation, said Paul Tucker, the Bank's executive director responsible for markets and member of the Monetary Policy Committee.
BoE's Tucker gets second term on MPC
Paul Tucker, the executive director for markets at the Bank of England, is to serve a further three-year term on the Monetary Policy Committee.
Central banks to review liquidity rules
Central banks are collectively considering alterations to the provision of emergency liquidity, Paul Tucker, the executive director responsible for markets at the Bank of England, said at a conference organised by the Financial Markets Group of the…
BoE's Paul Tucker on global credit crunch
Paul Tucker, executive director for markets at the Bank of England and a member of the monetary policy committee, at a speech on Thursday, analysed the difficulties facing central banks in correctly diagnosing changes in credit conditions and asset…
We're half-way to normal, says UK's King
Presenting the Bank of England's Inflation Report for November, Mervyn King, the governor of the Bank, said that key indicators of stress in financial markets had recovered partly from the levels reached in August and September but that the situation was…
BoE minutes show rate rise split
The Bank of England's Monetary Policy Committee (MPC) voted 6 to 3 to raise interest rates this month, according to the minutes of the July meeting published today. Kate Barker and Paul Tucker voted with the governor, Mervyn King, in favour of a rise of…
Bank of England MPC members explain decisions
The testimonies of individual members of the Bank of England's rate-setting monetary policy committee (MPC) before the Treasury select committees on 28 June, provided some clues as to the timing of further tightening.