Bank of England (BoE)
UK rate-setters mulled June rise
Several members of the Bank of England's Monetary Policy Committee considered raising rates in June on the back of poor inflation data.
UK inflation to top 4%: BoE's King
Mervyn King, the governor of the Bank of England, has warned that UK annual inflation will rocket to more than 4% in the coming months.
Bank of England bulletin for Q2
The Bank of England released its second Quarterly Bulletin for 2008 on Monday.
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.
UK inflation expectations jump to fresh high
A Bank of England survey shows the British public thinks prices will rise by 4.3% over the next 12 months, their highest-ever estimate of annual inflation.
UK PPI hits fresh high, Bank may look to hike
Chances that the Bank of England's next rate change will be a rise rather than a cut rose on Monday after government data revealed a surge in factory-gate inflation.
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.
Bank holds rates as expected
The Bank of England left its key rate at 5% for the second straight month on Tuesday.
BoE money-market reforms have worked - paper
This paper by economists from the Bank of England finds that the central banks' introduction of reserves averaging since May 2006 has enhanced banks' ability to manage their daily liquidity requirements, by enabling them to trade in the interbank market…
The role of central banks in financial stability
At a time when many governments and central banks are struggling to distil the key lessons of the crisis, one of the main finding is that the central bank needs the appropriate powers if it is to assume responsibility for systemic financial stability.
IMF financing model becoming unsuitable
International Monetary Fund financing is increasingly unlikely to be sufficient to meet the demands of its higher-risk members, research published by the Bank of England finds.
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.
Bank voted 8-1 in favour of May hold
Only one of the Bank of England's nine Monetary Policy Committee members voted to cut rates earlier this month, a sign of the Bank's intent to fight inflation.
IMF's Lipsky cautious on recent bout of calm
John Lipsky, the first deputy managing director of the International Monetary Fund, refused to call the end of the global turmoil in a speech on Tuesday.
Lomax decides to quit the Bank
Rachel Lomax, a deputy governor at the Bank of England, will leave when her term ends at the end of June.
Can central banks go broke?
Central banks can go broke and have done so historically, Willem Buiter, a former member of the Bank of England's Monetary Policy Committee now a professor at the London School of Economics, states in a new research paper.
King readies pen as BoE predicts prices to soar
Mervyn King acknowledged on Wednesday that he would almost certainly need to write at least one letter to the British chancellor in the coming months explaining why inflation is more than a percentage point above the Bank of England's target.
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.
Interbank spreads to stay above pre-crisis levels
A fundamental shift in money-market attitudes will mean spreads between interbank and official rates remain greater than their pre-August levels for the foreseeable future, the Bank of England's head of markets said on Wednesday.
Inflation surge surprises UK economists
Consumer price inflation in the UK soared to 3% in April, reducing the already-slim chances of a June rate cut to practically nil.
Probability of June rate cut falls on UK data
The chances of the Bank of England's Monetary Policy Committee (MPC) opting to cut rates next month looked slim after data out Monday showed producer price inflation (PPI) shot up in April.
ECB and BoE leave rates unchanged
As was widely expected, both the European Central Bank (ECB) and the Bank of England left rates on hold on Thursday.
Rock run calls for greater role: ex-Bank deputy
Andrew Large, a former deputy governor at the Bank of England, has urged government to grant more power to the Bank in the wake of the Northern Rock run.