hf-implode.com - 24 days ago
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"It's no wonder that gold is soaring with the US, UK, and China all printing money like mad. Throw enough money around and gold is bound to rise regardless of anything else that might happen (all of it bad)."
Plan by Bank of England to Ease Credit Is Extended
hf-implode.com 8/6/2009 — "The Bank of England decided Thursday to expand its asset-purchasing plan, saying that while there were some encouraging signs in the British economy, the recession was “deeper” than previously thought."
Buy like the Bank of England
ftalphaville.ft.com 1/30/2009 — If the Bank of England does start to buy up corporate bonds, as Mervyn King hinted last week, then those purchases are likely to target investment-grade non-financial issues, according to Morgan Stanley analysts.
This is important because, as they see it,
Deployed against the £ corporate bond ...
Bank of England cuts interest rates by 50 bps
ftalphaville.ft.com 2/5/2009 — Bank of England reduces Bank Rate by 0.5 Percentage Points to 1.5%:
8 January 2009
The Bank of England’s Monetary Policy Committee today voted to reduce the official Bank Rate paid on commercial bank reserves by 0.5 percentage points to 1.5%. The world economy appears to be undergoing an ...
Bank of England, Huge Panic Cut
benbittrolff.blogspot.com 11/6/2008 — The market was expecting 1% at most. This cut smells of absolute panic. The market is taking this as a bad bad sign. This is the largest single cut I’ve ever seen from the Bank of England. Just another Step Closer to ZIRP, Liquidity Trap, Lost Decade. ...
A look at the Bank of England’s balance sheet
macroblog.typepad.com 3/21/2009 — The current financial crisis is global in scope, with central banks responding in various ways to mitigate the strains in their respective countries. The Federal Reserve is not the only central bank that has been aggressive in its response. For ...
BOE More Likely to Expand Bond Purchases on GDP Slump (Update1)
bloomberg.com 10/23/2009 — Oct. 23 (Bloomberg) -- Britain’s failure to escape the worst recession since World War II may force the Bank of England to increase its bond-purchase plan next month, economists said. Seven months after Governor Mervyn King’s central bank started a ...
Bank of England Cuts Rate to Historic Low
online.wsj.com 1/8/2009 — See Corrections and Amplifications below The Bank of England cuts its key rate by a half percentage point to 1.5%, the lowest level in the bank's 315-year history, marking the latest in global policy makers' efforts to fend off the threat of deep ...
Guest Post: Review of Walter Bagehot's Lombard Street
nakedcapitalism.com 8/24/2009 — By Robert P. Baird of digital emunction When, back in March, the Bank of England announced that it was adopting a program of quantitative easing, The Economist reported the news with some trepidation. While recognizing that the threat of deflation ...