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  1. Money Supply

    June 27, 2014

    Carney's (old) new normal

    There are many uses of the phrase “new normal” in economics these days. Usually, it is used to signify lower growth or a...

  2. FT Alphaville

    June 13, 2014

    Guest post: No, you can’t have your risk-free returns back

    From Tomas Hirst, editorial director of Pieria, commissioning editor at the World Economic Forum and sometime playwright…...

  1. FT Alphaville

    February 28, 2014

    The (early) Lunch Wrap

    Good morning New York, FT ALPHAVILLE In defence of FX traders: Joy Rajiv, who formerly worked in the Foreign Exchange...

  2. FT Alphaville

    February 28, 2014

    UK rates: this time will be different, for a while

    The transition to a new normal monetary policy, by David Miles, Monetary Policy Committee member, click to read in full That...

  3. February 27, 2014

    Risk-averse investors keep UK rates low, says BoE’s Miles

    Reduction in risk appetite among investors since the financial crisis explains why UK interest rates are likely to remain...

  4. Money Supply

    February 25, 2014

    The BoE's monotone communications

    Once upon a time, the Bank of England’s Monetary Policy Committee sounded like a group of nine individuals with differing...

  5. November 14, 2013

    High mortgages ‘create problems’ for economy

    Large mortgages and high levels of household debt can fundamentally destabilise the economy a UK central bank policy maker...

  6. October 24, 2013

    Why the Bank of England must gamble on growth

    For only the third time since the late 1800s – and the other two were just after the world wars – the UK’s private sector...

  7. FT Long Short

    September 26, 2013

    Saving the world from 1994?

    The Bank of England has finally snapped. It is fed up with being constantly criticised for messing up its forward guidance...

  8. September 24, 2013

    Bank of England hits back at critics of forward guidance

    The Bank of England has hit back at critics of its new forward guidance framework, saying sceptics have misconstrued its...

  9. September 24, 2013

    UK public hazy on role of Mark Carney

    While the Bank of England has been at pains to clarify its forward guidance on interest rates, the signs are that the great...

  10. September 24, 2013

    MPC external member backs policy on guidance

    One of the UK’s monetary policy makers has defended the Bank of England’s view that it will take another three years for...

  11. September 23, 2013

    Bank of England’s Broadbent defends guidance

    The Bank of England launched a defence of its forward guidance on Monday, with one of its monetary policy makers claiming...

  12. Gavyn Davies

    July 21, 2013

    UK productivity the key puzzle for Carney

    Macro investors remain very intrigued by Mark Carney‘s arrival at the Bank of England, which could have major implications...

  13. July 11, 2013

    ‘Debt peril’ awaits 1.25m UK households if rates rise

    Up to 650,000 more UK households face “debt peril” if mortgage rates rise unexpectedly before the economy returns to full...

  14. FT Alphaville

    June 27, 2013

    The 6am Cut London

    FT markets round-up:“Efforts by global central bankers to reassure markets that there would be no rush away from...

  15. FT Alphaville

    June 26, 2013

    The Closer

    FURTHER FURTHER READING - Noah Smith posts some links related to our Abenomics podcast with him. - The Fannie and Freddie...

  16. April 17, 2013

    Policy makers split on more stimulus

    Sir Mervyn King found himself in a minority for the third month in a row in April after the bulk of the Bank of England’s...

  17. March 20, 2013

    MPC split 6-3 over more stimulus

    The governor of the Bank of England called for more monetary stimulus for the second successive month in March, the minutes...

  18. March 19, 2013

    Mears benefits from taking over rival

    Mears, the social housing maintenance group, boosted its revenues to record levels and removed a key competitor by taking...

  19. March 7, 2013

    Bank of England decides against further QE

    The Bank of England has decided against additional government bond buying, disappointing hopes that the Monetary Policy...

  20. February 20, 2013

    Pound falls as King seeks more QE

    The pound slid against the dollar and the euro on Wednesday after it emerged the governor of the Bank of England had wanted...

  21. FT Alphaville

    February 20, 2013

    A Minutes worth of sterling freefall [updated]

    Here’s the dovish BoE minutes that started sterling sliding (click through for the pdf): The minutes put the MPC far closer...

  22. February 7, 2013

    MPC holds line on QE and rates

    Britain’s monetary policy makers have kept rates and the size of the Bank of England’s gilt purchasing programme on hold,...

  23. February 6, 2013

    Carney faces first of many grillings

    When Mark Carney faces British MPs for the first time on Thursday , one question is likely to dominate: what will he do to...

  24. January 23, 2013

    MPC shows little appetite for more QE

    The Bank of England’s top policy makers voted eight to one this month in favour of keeping borrowing costs and the size of...

  25. December 19, 2012

    BoE minutes show 8-1 split on further QE

    The Bank of England’s Monetary Policy Committee voted eight to one in favour of holding the BoE government debt buying...

  26. November 21, 2012

    Rate setters back Treasury stimulus ploy

    The Treasury’s decision to ease monetary policy this month by apportioning £37bn of the gains from the Bank of England’s...

  27. September 19, 2012

    Cash-return hopes lift AstraZeneca

    Cash-return hopes gave AstraZeneca its biggest gain in six weeks as the FTSE 100 rallied. The drugmaker rose 1.9 per cent to...

  28. September 16, 2012

    Economic outlook: UK stimulus clues

    There will be fresh insight into the Bank of England’s thinking on economic stimulus this week as the minutes from its...

  29. Money Supply

    September 14, 2012

    The week ahead in central banking

    Our week ahead email helps you to track the most important events in central banking. To see all of our emails and alerts...

  30. September 11, 2012

    MPC member launches defence of gilt purchases

    The Bank of England’s current strategy of using large-scale gilts purchases to help boost demand within the economy is not...

  31. Money Supply

    September 11, 2012

    The new man on the MPC

    Ian McCafferty, who has replaced Adam Posen on the Bank of England’s Monetary Policy Committee, appeared before the House of...

  32. Money Supply

    June 26, 2012

    BoE Treasury Committee hearing

    The Treasury Committee held its latest hearing with the Bank of England this morning. The governor, Sir Mervyn King, along...

  33. FT Alphaville

    June 25, 2012

    The 6am Cut London

    The Bank of England’s leading dovish policymaker has called for at least £50bn of fresh quantitative easing. David Miles...

  34. June 24, 2012

    Spare capacity boosts QE case, says Miles

    Spare capacity is on David Miles’s mind. He believes that the UK economy is rolling in it. Companies could increase their...

  35. June 24, 2012

    MPC member wants £50bn easing

    The Bank of England needs to pump at least another £50bn into Britain’s “stalled” economy, says David Miles of its interest...

  36. Money Supply

    June 22, 2012

    The week ahead in central banking

    Our week ahead email helps you to track the most important events in central banking. To see all of our emails and alerts...

  37. FT Alphaville

    June 20, 2012

    Bank of England turning dovish

    The minutes from the latest MPC meeting are out, and it seems the doves are gaining ground: Regarding the stock of asset...

  38. June 20, 2012

    Banks to get cheap money to lift UK lending

    The government’s new “funding for lending” programme, designed to boost credit for British business, will cut banks’ costs...

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