Bank of England (BoE)
Bank of England – Trends in Lending (January 2011)
Bank of England’s January 2011 Trends in Lending survey show lending to business in the UK over the three months to November declined by £5 billion
Bank’s Haldane borrows from science to explain systemic threats
Bank of England’s Andrew Haldane collaborates with scientist Lord Robert May in top journal Nature to highlight implications of interconnections between firms on stability of the financial system
Bank rate set to remain on hold despite fresh rise in inflation
Bank of England unlikely to raise rates despite higher-than-forecast rise in inflation in December; analysts say central bank is right to keep rates on hold
Calomiris to join Bank as Houblon-Norman fellow
US academic Charles Calomiris set to spend three months at the Bank of England, to examine development of Bank’s lender-of-last-resort role
What Basel III means to us
The Basel Committee on Banking Supervision published the final text of Basel III on December 16, which introduces new minimum capital requirements, two liquidity ratios, a charge for credit value adjustment and a leverage ratio, among other things. Risk…
Stability objective should drive financial policy, says BoE’s Bailey
Bank's Bailey says stability goal must not be swayed by “murky compromises with other objectives”
CentralBanking.com’s top ten stories of 2010
Regulatory change features heavily
BoE: Agents’ summary of business conditions (December 2010)
Bank survey shows strong export growth, rise in manufacturing and services activity; weak housing market, tough credit conditions for small firms
Bank minutes: inflation may hit 4% in spring
Bank of England Monetary Policy Committee warns inflation could reach 4% in spring; says pace and extent of subsequent fall highly uncertain
Number of central bankers on the rise
Central banks increase staff, reversing decade-long downsizing trend
Imbalances could treble in next two decades: Bank's Haldane
Bank of England executive director Andy Haldane charts course of global imbalances, pointing to trends likely to widen them
Fed extends temporary dollar swap lines
Dollar swap lines reopened with five central banks in May will remain in operation until August 2011, seven months past original date of expiry
BoE, ECB announce euro-sterling swap line to aid Ireland
Bank of England agrees to provide sterling in exchange for euro up to a limit of £10 billion; move aimed at helping Central Bank of Ireland
Basel III won’t be a problem if implemented correctly, says Bank of England
Latest Financial Stability Report stresses importance of long transition to new rules, and concerns over central counterparty clearing
Bank’s Bean mounts QE2 defence
Bank of England deputy governor Charles Bean says criticisms that QE2 is inflationary, will spark inflows in emerging markets, are incorrect
Posen forecasts inflation ‘well below’ Bank’s latest estimate
Bank of England external Monetary Policy Committee member Adam Posen points to “empirical regularities” to explain why inflation could dip to less than 1% in years ahead
Bank names former Apax COO as new head of HR
Bank of England names Catherine Brown as executive director for human resources
King called for global bailout in March 2008: WikiLeak
Bank of England governor told US ambassador of need for nations to cooperate in order to recapitalise banking sector
Sants details new regulator’s approach
UK FSA’s Hector Sants says primary objective of new banking regulator will be to resolve failed institutions without disrupting financial system; outlines new risk model
BoE: seniority claims good indicator of default
Bank of England study shows claims by senior debt holders a good measure of future default risk
How to overcome structural breaks when forecasting: Bank study
Bank of England research examines methods to overcome the problem of structural breaks in forecasting
BoE paper: capital inflows primary cause of US housing bubble
Bank of England study shows large capital inflows had a greater effect than monetary policy in generating housing bubble in United States
BoE’s Dale identifies persistent headwinds in UK
Bank of England chief economist Spencer Dale spots headwinds that continue to restrict growth in the United Kingdom
WikiLeak sparks King quit calls from Blanchflower
Former Monetary Policy Committee member David Blanchflower says Bank of England governor Mervyn King must resign over lack of political impartiality after new leak on whistleblower website