Bank of England (BoE)

Fourth Bank member alludes to rate cut

UK - Kate Barker last night became the fourth member of the Bank of England's monetary policy committee in a week to hint at approval for future interest rate cuts. Her hint came in a speech to bankers and economists in Edinburgh.

BOE Oct minutes: MPC voted 8-1 to cut repo rate

UK - The Bank of England's Monetary Policy Committee voted 8-1 to cut the repo rate by a quarter percentage point to 4.5% in October, just weeks after it had cut rates by an equal amount in a 7-2 vote, according to minutes of those meetings released…

Prime candidate for Bank of England hot seat

ARTICLE - In all the turmoil over a momentous weekend, a valuable contribution to City gossip is in danger of being overlooked. The esteemed City chronicler, Christopher Fildes, reminded us in his Spectator column last week that the next big job vacancy…

'No prior talks' on emergency interest rate cuts

UK - The world-wide cuts in interest rates in the wake of the terror attacks on New York and Washington was not coordinated in advance, according to a prominent former member of the Bank of England's policy-making Monetary Policy Committee.

Plenderleith - UK able to weather econ uncertainty

UK - The U.K. is well placed to weather the current world economic slowdown because of its low inflation and the underlying competitive advantages of major economies, Bank of England executive director Ian Plenderleith said Thursday 20 September in a…

Global econ slowdown at or near bottom

SWITZERLAND - While the global economy remains in a slump, conditions at least appear to have stabilized, suggesting that the slowdown is at or near its turning point, Bank of England Governor Eddie George said Monday 10 Sep after a regular meeting of…

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