fintag.com - 11/7/2008
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FINTAG COMMENT Mates Rates. So Asian imported inflation is no longer a cause for concern? The ECB and Bank of England decided to follow the Bernanke path and slashed rates. Lots of media excitement, equities took a pounding and Libor hardly moved. You see base rates don't mean much when they ...
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 ...
How much fiscal backing do the key central banks have?
VoxEU.org 3/26/2009 — Willem Buiter , 25 March 2009 The last column in this series on fiscal aspects of central banking reviews the differences in fiscal backing for the Bank of England, the US Federal Reserve, and the European Central Bank. Full Article: How much fiscal ...
Us and them: Reviewing central bank actions in the financial crisis
macroblog.typepad.com 9/3/2009 — With all the focus on the financial crisis in the United States, folks in this country might sometimes lose sight of the fact that this crisis has been global in nature. To provide some perspective on the global dimensions of the crisis, we are ...
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 ...
Analytical Wealth
analyticalwealth.com 10/9/2008 — Following on yesterday's discussion of Britain's TARP here is a look at the latest news on the plan, which provides more details than what were available yesterday: (From BBC News):" The UK government has announced a package of measures aimed at ...
BoE Governor: No More Stimulus
optionarmageddon.ml-implode.com 3/25/2009 —
Like his counterpart on this side of the Atlantic, UK Prime Minister Gordon Brown has called for massive stimulus from all governments in order to jump start the world economy. The Governor of the Bank of England took the unusual step of ...
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 ...
THE FINTAG NEWSLETTER @ 28 November 2008
fintag.com 12/1/2008 — FINTAG COMMENT Money. It is becoming clearer. Bush's ill fated US Patriot Act is a major cause for the current credit crunch. I arrived back from the land of the depressed to find a pile of mail on my doormat. Apart from the usual invites to the ...