Search Results for: Bank of England
Bank of England disarray in the face of financial crisis
January 7th, 2015
The full extent of the Bank of England’s emergency action to prevent the collapse of the banking system is revealed on Wednesday as it releases previously secret documents detailing its frantic day to day efforts to prop up high ...
Report on role of Bank of England officials in relation to conduct issues in the foreign exchange market
November 12th, 2014
The Oversight Committee has today published an independent report by Lord Grabiner QC. This follows his investigation into whether, between 2005 and 2013, any Bank of England official was involved in, or aware of, conduct issues in the foreign ...
Bank of England maintains Bank Rate at 0.5% and the size of the Asset Purchase Programme at £375 billion
November 7th, 2014
The Bank of England’s Monetary Policy Committee at its meeting today voted to maintain Bank Rate at 0.5%. The Committee also voted to maintain the stock of purchased assets financed by the issuance of central bank reserves at £375 ...
Bank of England widening access to the Sterling Monetary Framework
November 6th, 2014
The Bank of England is today widening access to its Sterling Monetary Framework (SMF) to accept broker-dealers and central counterparties (CCPs). The changes introduced today follow on from the Governor’s commitment to widen access to the Bank’s facilities, made ...
Two Bank of England Officials in favor of Rate Rise
September 17th, 2014
Two Bank of England policymakers again voted to raise interest rates this month, leaving the central bank divided for a second successive month, but the rest of their colleagues remained firmly against tighter policy. External members Martin Weale and ...
Bank of England Resists Change to Interest Rate
September 4th, 2014
To raise or not to raise, that is the question — in Britain, at least. On Thursday, nearly a month after two monetary policy makers at the Bank of England broke ranks from the majority and voted to raise ...
Two Bank of England officials voted August rate rise
August 20th, 2014
Bank of England policymakers broke ranks over interest rates for the first time in three years this month, when two unexpectedly voted to tighten policy and revived speculation about a 2014 rate hike. Former academic Martin Weale and business ...
Bank of England Lifts Growth and Inflation Forecasts
August 13th, 2014
The Bank of England on Wednesday raised slightly its forecasts for growth and inflation in Britain, and gave further indications it was getting closer to gradually increasing interest rates. “The committee’s guidance remains the same: The increases in bank ...
Bank of England keeps rates unchanged
August 7th, 2014
The Bank of England has opted to keep its main interest rate on hold at a record low 0.5 percent despite the ongoing strength of the U.K. economy. The decision was expected. However, there is a growing view that ...
Bank of England unease grows despite keeping rates at 0.5%
July 23rd, 2014
Bank of England policymakers are growing increasingly uneasy at leaving interest rates at a record low of 0.5%, minutes of their latest meeting revealed. The public record of the July meeting of the Bank’s monetary policy committee (MPC) showed ...
