Posts Tagged ‘BOE’s’
Speaking at Jackson Hole, BOE deputy governor Bean said more monetary policy easing may yet bee needed.
Avoiding future crises in the credit markets will require central bankers and regulators to rely more on regulation than merely on monetary policy, Bean said.
The BOE is replacing the Financial Services Authority as the primary bank regulator in the [...]
Posen is a confirmed dove but he acknowledges that UK monetary policy could go either way. He implies two MPC members are pushing for higher rates and that if the UK economy does not turn lower rates could be headed up given inflationary pressures.
Cable is edging higher, through the hourly downtrend noted earlier. 1.5309 is [...]
BOE Governor King says that despite volatility, inflation in the UK remains in track to meet its target in the medium-term.
Cable, like EUR/USD is offered at the moment, trading not far from session lows. It changes hands at 1.4610.
UK parallels with Japan worrying
More active investors, greater openness in UK’s favor
UK, US, EU face poor external demand prospects
Despite gloomy comments from MPC member Posen and IMF economist Blanchard, EUR/USD and Cable are trading with a firm tone.
Markets got themselves oversold this morning and are on the rebound during an uneventful afternoon. Cable trades at [...]
Stubbornly high UK inflation has responded less to economic slack in the economy than our models would have predicted, BOE MPC member Dale says, via Reuters.
If anything, one could take the comment as hawkish, suggesting slack is not constraining inflation so tighter monetary policy may be needed to constrain it.
Cable is little moved o the [...]
