Is the Bank of England’s quantitative tightening causing problems for banks? Economics In a recent speech, Andrew Bailey, the Bank's Governor, said more banks were turning to the facility as the cost of liquidity in money markets rose relative to Bank Rate.
In defence of landlords, by the Bank of England jack barnett Few people in Britain draw as much scorn than landlords. It’s easy to understand why. Young people shackled to renting see landlords as a barrier to their homeownership dreams. Particularly in London, renters hate handing over a huge share of their monthly wage to property investors. Doing so stops them from using their cash [...]
It’s time to revisit Bank of England independence Damian Pudner Independence should not mean the Bank of England is shielded from government scrutiny and accountability to the public, says Damian Pudner Last week, a striking disclosure by former prime minister Liz Truss reignited the debate on the delicate balance between political authority and the operational independence of central banks – a topic with profound implications [...]
What is the Bank of England’s ‘once in a generation’ Bernanke review? April 9, 2024 The review, launched last summer, was led by Ben Bernanke, who chaired the Federal Reserve between 2006 and 2014.
Bernanke: Inflation was ‘unavoidable’ but the Bank of England needs to change May 15, 2024 The surge in inflation seen over the past few years was "unavoidable," Ben Bernanke said today, as he outlined ways in which the Bank of England could navigate future uncertainty.
Bank of England’s Broadbent slams ‘groupthink’ accusations as ‘absolute tripe’ May 28, 2024 In an interview with the Times, Ben Broadbent said "when you sit [on the Monetary Policy Committee (MPC)], you realise pretty quickly there is robust discussion about every single question".
Forecasts by the Bank of England and the OBR are drifting apart. Is it a problem? April 9, 2024 Economic forecasts by the Bank of England and the Office for Budget Responsibility are drifting further apart. Chris Dorrell explains why this could be a problem
Will the Federal Reserve and Bank of England surprise investors this week? March 19, 2024 The Fed will reveal its latest decision on Wednesday before the Bank's announcement on Thursday.
Clare Lombardelli appointed deputy governor at the Bank of England February 29, 2024 Clare Lombardelli has been appointed as the next deputy governor for monetary policy at the Bank of England, replacing Ben Broadbent.
Wage pressures ease again but beat Bank of England’s expectations February 13, 2024 Rate-setters at the Bank of England have argued that pay pressures need to ease before interest rates can start being cut.