Bank of England (BoE)
Election uncertainty clouds future of FSA, Bank
Regulator could be swallowed by central bank if Conservatives win, but polls and analysts divided on most likely outcome
Bank reports on impact of quantitative easing
Bank of England asset purchase report shows bank held gilts purchase steady in early 2010 despite marginal sale in corporate bonds
UK party leaders lock horns over breaking up banks
Liberal Democrat head supports Bank of England governor Mervyn King’s suggestion of splitting up banks by riskiness; disagreement on bank levies and regulator
BOE policy on hold on downside risks in Europe
Bank of England minutes shows its Monetary Policy Committee left rates on hold amid continued economic uncertainty in Europe
Junk bonds the way forward for China: ex-PBoC deputy
Former Chinese central bank vice-governor Guo Shuqing says new and small start-ups stand to gain from the issuance of non-investment grade debt
BoE: home equity withdrawals rising but still negative
Bank of England paper shows that house equity withdrawals remain negative despite recent upswing in equity extraction
British bonds rest on “a bed of nitroglycerine”: Pimco chief
Head of biggest bond fund sees investors penalising gilts as British attachment to quantitative easing stirs worry that government seeks to inflate debt away
BoE study justifies interest-rate cuts
Bank of England research finds rate cuts warranted as risks of high rates outweigh the cost of short term inflation
Bank’s Haldane moots structural change to recover social costs
Bank’s executive director for financial stability labels banking pollution “a real and large social problem”; says officials must look at architecture of financial system to resolve it
“Radical reforms” must be considered: UK lawmakers
Head of influential group of parliamentarians says British government wrong to rule out root-and-branch reform; favours contingent capital and subsidiaries to lessen risk of systemic collapse
Bank explains UK housing bubble
Bank of England study links rising house prices to lower real long-term rates and lower inflation in the run up to the bubble
Euro should not covet reserve role
Panellists in CentralBanking.com web seminar say becoming a reserve currency would hamper recovery
The bitter divide on inflation targeting
Economists are split over a recent suggestion that central banks should raise their inflation targets to allow more room for cuts in crises
King sees “room for improvement” in Bank’s communication
Bank of England governor Mervyn King defends the central bank’s fan charts, which have drawn criticism, but says it can still refine the communication of its forecasts
Debt holders must share the pain: Tucker
Bank of England deputy governor Paul Tucker says bondholders must be ready from the start to share in losses should a bank get into trouble
BOE paper: inflation co-movement linked to globalisation
New study into co-movement in inflation across industrialised countries links low-inflation rates to falling commodities prices
BoE’s Sentance: rate policy to offset fiscal tightening
Bank of England’s Andrew Sentance says monetary policy can compensate for the negative impact of fiscal tightening on demand
Bank mulls widening collateral pool
Bank of England consults on taking “raw loans” at its discount window facility and calls for more transparency from counterparties, says the move will cement confidence in the financial system
BoE unanimously backed rate hold
The Bank keeps rates steady as the MPC remains cautious over the road to recovery
Bank’s Dale: QE a success
Spencer Dale discusses the merits of quantitative easing and its impact on the wider economy in the past year
The Bank’s balance sheet during the crisis
Bank of England’s markets chief sets out how size and composition of balance sheet has changed
Fair value in foul weather
Andrew Haldane draws on Macbeth to explain how financial instruments might be valued in future
UK public’s price expectations moderately rise
GfK NOP survey on inflation attitudes from the Bank of England shows expectations remain stable
Harsher stress tests described in new FSA risk outlook
New stress scenarios to test banks' resilience to double dip recession