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. Global ZIRP should be interesting though. I ...
News Release - US Dollar Liquidity Operations
bankofengland.co.uk 10/13/2008 — In order to provide broad access to liquidity and funding to financial institutions, the Bank of England, the European Central Bank (ECB), the Federal Reserve, the Bank of Japan, and the Swiss National Bank (SNB) are jointly announcing further ...
Still waiting for deflation
ukhousebubble.blogspot.com 3/25/2009 — Today's inflation numbers were bad, although you wouldn't know it listening to any journalists. The headline consumer price index increased to 3.2 percent, up from 3 percent in January. So did the retail price index (excluding housing and indirect ...
Operation QE begins
ftalphaville.ft.com 3/11/2009 — From Reuters.
BANK OF ENGLAND SAYS ALLOTS £1.999bn of £2bn GILT PURCHASES TO COMPETITIVE BIDS.
BANK OF ENGLAND SAYS TOTAL OFFERS RECEIVED £10.508bn.
BANK OF ENGLAND SAYS BUYS £339m of 5.0% 2014 GILT AT WEIGHTED AVERAGE PRICE OF 114.792.
BANK OF ENGLAND SAYS BUYS £440m of 4.75% 2015 GILT AT ...
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 ...
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 ...
Recession vs inflation targeting
stumblingandmumbling.typepad.com 11/28/2008 — Here’s a puzzle. Morally speaking, does it make sense to worry so much about recession whilst having supported the policy of inflation targeting for the last 16 years? When the Bank of England raises interest rates in normal times to reduce inflation ...
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 ...
Pound Sinks As Britain Teeters On Edge Of Bankruptcy
globaleconomicanalysis.blogspot.com 1/22/2009 — The British Pound has imploded on fears of bank nationalization and Prime Minister Gordon Brown’s plan to give the Bank of England unprecedented powers to buy securities. This chart paints the not so pretty picture. British Pound vs. US$ Monthly ...
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 Cuts Rate to Lowest Since Bank’s Creation in 1694 (Update2)
bloomberg.com 1/8/2009 — Jan. 8 (Bloomberg) -- The Bank of England cut the benchmark interest rate to the lowest since the central bank was founded in 1694 as policy makers tried to prevent the credit squeeze from deepening Britain’s recession. The Monetary Policy Committee, ...
Follow WallStreetBlips on Twitter
