United Kingdom

Why interest rates could plunge as low as 3.5%

The 6th May 1997 is a date that is burnt into the minds of Bank of England employees, according to this article published on Monday 8 August. Since being granted its independence, the Bank has built up an eight-year track record of independent thought…

Dallas Fed's Fisher on the world economy

In the speech 'The world economy: Sharpening our peripheral vision' given on 29 July, Richard Fisher of the Federal Reserve Bank of Dallas said China's growing role in the global economy presented challenges to the United States, but that the U.S…

BoE's Large fuels rate cut talk

Bank of England policy maker Andrew Large gave an interview on Wednesday 27 July which is likely to fuel expectations that UK interest rates would fall next week for the first time in two years.

Bank of England MPC Minutes, 6 & 7 July

The minutes from the 6 & 7 July meeting of the Bank of England's Monetary Policy Committee published on Wednesday 20 July showed policy makers voted 5-4 to leave its benchmark interest rate unchanged at 4.75%.

Central bankers stand on the front line

This article looks at the response of central banks to terrorist attacks. It says that an interest rate cut by the Bank of England last week when the chaos was at its peak, might have added to the sense of panic.

Bank of England meeting held despite attacks

The Bank of England's Monetary Policy Committee would announce its interest rate decision at midday as usual despite multiple blasts on London's transport network, a spokesman for the central bank said on Thursday morning, 7 July.

Bank of England Financial Stability Review, Jun 05

The Bank of England published its latest Financial Stability Review for June 2005 on Monday 27 June. Near-term risks to the UK financial sector from default by households, firms and overseas borrowers have remained low since the December Review, the…

BoE's Tucker: Where are the risks?

In a speech given on 23 June Paul Tucker of the Bank of England noted that in one form or another risks crystallise every day. He asks whether today's capital markets are well placed to absorb any nasty shocks.

BoE's King on the UK economy

In his Mansion House speech given on 22 June, Mervyn King of the Bank of England said there are both upside and downside risks to the outlook for UK inflation and policymakers will react promptly to whichever one materialises.

Regulators probe King speech leak

UK City regulators are investigating a sharp rise in futures trading a few hours ahead of Bank of England governor Mervyn King's speech to Bradford business leaders last week.

Bank of England MPC Minutes, 8 & 9 June

The minutes from the 8 and 9 June meeting of the Bank of England's Monetary Policy Committee published on Wednesday 22 June showed policy makers voted 7- 2 to keep interest rates unchanged this month, with Charles Bean and Marian Bell preferring a 0.25%…

Bank of England Quarterly Bulletin, Summer 2005

The Bank of England released its Quarterly Bulletin Summer 2005, on 20 June. The Bulletin includes the article "The inflation-targeting framework from an historical perspective" which provides an historical perspective on the post-1992 inflation…