United Kingdom
UWE paper on monetary policy uncertainty
It is widely believed that institutional arrangements influence the quality of monetary policy outcomes. Judged on its 'transparency' characteristics, therefore the Bank of England should do better than both the Bundesbank and ECB, according to the…
BoE's Sentance on inflation and the UK economy
In the speech 'Inflation and the supply side of the UK economy' given on 16 January Andrew Sentance of the Bank of England warned that the level of domestic demand in the UK needs to restrained in order to bring inflation back to the level targeted by…
Unpredictable Bank fails in mission to be dull
According to this article from Reuters, published Thursday 11 January, the Bank of England is failing miserably in its quest to be boring.
BoE surprises markets with rate rise
The Bank of England unexpectedly raised interest rates by a quarter-point on Thursday 11 January, the third increase since August, saying inflation may accelerate.
BoE's Blanchflower on the impact of migration
In the speech 'The impact of the recent migration from Eastern Europe on the UK economy' given on 4 January David Blanchflower of the Bank of England said the recent inflow of migrants from Eastern Europe seems to have reduced the UK's natural rate of…
BoE's King: reform of international institutions
In the speech 'Through the looking glass: Reform of the international institutions' given on 21 December Mervyn King of the Bank of England said the IMF must focus on the spillover effects of economic policies and ensure its work is independent of member…
BoE committee voted unanimously to hold rates
The Bank of England's Monetary Policy Committee voted unanimously to hold its key repo rate unchanged at a five-year high of 5.00, minutes released Wednesday 20 December showed.
Bank of England Inflation Attitudes Survey, Nov 06
The Bank of England published its November 2006 Inflation Attitudes Survey on Thursday 14 December. UK inflation expectations for the coming year rose to 2.7 pct in November from 2.5 pct in August, the survey found.
BoE's Gieve on pricing for perfection
In the speech 'Pricing for perfection' given on 14 December John Gieve of the Bank of England warned that while the UK financial system remains stable some vulnerabilities have edged up.
BoE's Tucker on asset prices and uncertainties
In the speech 'Asset price and financial system uncertainties' given on 11 December Paul Tucker of the Bank of England said an interest rate rise in November was needed to ensure that inflation expectations remained well-anchored ahead of the January pay…
Bank of England Quarterly Bulletin, Winter 2006
The Bank of England published its Quarterly Bulletin for Winter 2006 on Monday 11 December. The latest issue includes the article an article which examines the available data on immigration to the United Kingdom.
BoE to launch credit conditions survey
The Bank of England announced Monday 11 December it will launch a quarterly survey of credit conditions in the UK covering mortgage lending, unsecured lending to households and corporate lending.
BoE's King cool on soaraway sterling
Mervyn King, governor of the Bank of England, seemed unperturbed by the recent surge in the value of the pound relative to the dollar.
UK's Lomax: rate hike was inflation 'insurance'
Rachel Lomax, a deputy governor at the Bank of England suggested that successive interest rate hikes by the Bank this year were akin to "buying insurance" against possible inflation spikes.
UK rates have peaked - OECD
British interest rates are likely to have hit their peak according to the OECD's latest Economic Report, released on 28 November.
UK's Lomax a surprise dissenter in rate decision
Rachel Lomax, a deputy governor at the Bank of England, was a surprise dissenter at the rate-setting meeting in November, minutes released on Tuesday showed.
Gieve: Preparing for cross-border financial crisis
In the speech 'Practical issues in preparing for cross-border financial crises' given on 13 November Sir John Gieve of the Bank of England said central banks and regulators around the world need to rehearse dealing with a financial crisis in order to…
BoE's King on inflation and the UK economy
In a speech given on 16 November Mervyn King of the Bank of England said inflation will likely rise further above its 2 percent target in the near term before falling back to meet it.
BoE's Gieve says hedge funds pose stability risks
Bank of England deputy governor John Gieve has warned that hedge fund activity does pose short term risks to financial stability.
Bank of England Inflation Report, November 2006
The Bank of England published its November 2006 Inflation Report on 15 November. At a press conference BoE governor Mervyn King highlighted that the central bank's latest forecast of easing inflationary pressures is a 'benign' one.
Bank of England moves rates higher as expected
The Bank of England's Monetary Policy Committee voted Thursday 9 November to raise UK interest rates by 0.25 percentage points to 5.0%.
Polls see BoE raising rates 0.25% next week
The Bank of England is set to raise rates by a quarter point next week according to two recent City polls.
It's the imbalances, stupid
Rachel Lomax, a deputy governor of the Bank of England, dismissed suggestions that the International Monetary Fund had outlived its usefulness in a speech in London on Wednesday 1 November.
Nov rate hike is 'not a done deal' says BoE's King
Mervyn King, the Bank of England's governor, told the House of Lords on Tuesday 31 October that speculation of another interest rate hike in November is not a "done deal".