Carney, the governor of the Bank of England, suggested last month that the decision to raise interest rates at the end of the year would be the focus of attention. Ian Plenderleith, a former decision maker of the former Bank of England, said Monday that both the Federal Reserve and the ...
The Bank of England met expectations by lowering interest rates in the “razor-thin 5-4 split vote” of Thursday, according to the head of market strategy at financial services firm Ebury, allowing the British currency to hold ground. “Sterling held its own following the announcement, despite ...
That's the overarching message to take away from theBank of England'slatest monetary policy decision. Unlike the Federal Reserve, the US central bank, whichdecided yesterdayto cut interest rates by half a percentage point - more than many had expected - the...
“The Bank of England has raised interest rates to 3 per cent, a level not seen since 2008. This is the eighth increase in a row and the biggest single rate rise since the late 1980s. The Bank’s inflation forecasts have also been announced which show that CPI is expected to remain h...
READERS in the UK Are Used to the Fact That Decisions by the Bank of England on Interest Rates Can Have an Immediate Impact on Consumption
The UK’s Finance Minister said today that interest rates might need to be cut “to an unprecedented zero”. And the Bank of England warned there is a real “risk of persistent and damaging falls in prices”. Deflation would be a major challenge for chem
The Bank of England unsurprisingly raised its policy rate by 25 bps at its May meeting, but the Bank’s messaging distinguished it from the Fed’s and the ECB’s decisions last week.
The Bank's economists reckon that around two-thirds of the impact of higher interest rates has now fed through to the wider economy, but more than two million households are still due to see theirmortgagesrefix to higher rates in the coming months....
Impact of Bank Competition on the Interest Rate Pass-through in the Euro Area. European Central Bank Working Paper, No: 885, March.Leuvensteijn, M. van, C.K. Sorensen, J.A. Bikker and A.A.R.J.M. van Rixtel (2008), "Impact of bank competition on the interest rate pass-through in...
The impact of guarantees on bank loan interest rates. Applied Financial Economics 24, 397-412.Calcagnini, G., F. Farabullini, and G. Giombini (2014): "The Impact of Guarantees on Bank Loan Interest Rates," Applied Financial Economics, 24(6), 397-412....