Bank of England’s bond purchases could cost taxpayers £85bn April 30, 2024 Following the banking collapse of 2008, the Bank started hoovering up government bonds on the secondary market. The hope was this would lower borrowing costs and stimulate economic activity.
Dovish Bank of England opens the door to interest rate cuts May 9, 2024 "Its likely that we will need to cut Bank Rate over the coming quarters…possibly more so than currently priced into market rates," Bailey said.
The markets are wrong. Bank of England interest rate cuts are on the way May 7, 2024 In a huge swing, markets are now only fully pricing in one rate cut by the Bank of England for 2024. But Chris Dorrell argues that, as things stand, more cuts are likely
Why rising wages will concern the Bank of England September 12, 2023 With inflation coming down to 6.8 per cent in July, this means that households are seeing a boost in real income for the first time in nearly a year. But the Bank of England will be nervous.
Beneath the jargon, Bernanke delivers devastating critique of the Bank of England April 17, 2024 Leading economist Ben Bernanke has exposed the flawed modelling and out-of-date technology behind the Bank’s failures to forecast inflation, says Paul Ormerod Last week, Ben Bernanke, former chairman of the US Federal Reserve Bank and Nobel Laureate in economics, published his review into the process of forecasting and policymaking at the Bank of England. You [...]
Bank of England’s dovish pivot on interest rates poses a number of questions March 21, 2024 Andrew Bailey, governor of the Bank of England, gave as precise a summary as it is possible to give. "Things are moving in the right direction".
How to fix the Bank of England: Economists have their say November 28, 2023 A stinging report has left the Bank of England in the spotlight - again. We asked the best and brightest how to turn the Old Lady around.
The Bank of England should cut rates soon – but timing is everything March 19, 2024 There's no doubt that cuts should start soon, but it might be wise to wait a little bit longer before reaching for the interest rate axe, writes Chris Dorrell.
Bank of England: Growth is slowing, but that’s not slowing inflation November 24, 2023 The Bank of England's Chief Economist Huw Pill has warned inflation is not being slowed by a slowing UK economy
Bank of England to cut interest rates in June, economists forecast March 17, 2024 The Bank of England is set to start cutting interest rates in June, according to a City A.M. poll of top economists, as inflation nears its target, the labour market cools and the UK takes its first steps out of recession.