Bank of England (BoE)

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…

Speech by Stephen Nickell of the Bank of England

SPEECH - Speech by Stephen Nickell, Member of the Monetary Policy Committee of the Bank of England and Glenda Quintini, Credit Suisse First Boston, to the economics section of the British Association for the Advancement of Science, Glasgow, 4 September.

World Bank to borrow gold

UK - The World Bank is set to issue its first gold bond, according to informed sources in London. The bond is aimed to attract investment from central banks, notably in emerging markets. The agents are Goldman Sachs/J. Aron, the big US investment bank (J…

Bank split over rate cut

UK - The Bank of England's surprise cut in interest rates earlier this month on 2 August was approved by a six-to-three majority, minutes from the rate-setting meeting have revealed.

Bank set to defy rate cut calls

UK - The Bank of England's Monetary Policy Committee (MPC) is widely expected to leave UK interest rates unchanged, despite a mixed picture for the British economy. The MPC began its monthly meeting today, 1 August, and is due to reveal its interest rate…

Strains in the eurozone

ARTICLE - The Financial Times in London published an article on 30 July by Christopher Taylor, a visiting fellow at the National Institute of Economic and Social research. He was chief adviser in the European division of the Bank of England.

Debt Workouts For Corporates, Banks And Countries

SPEECH - David Clementi, Deputy Governor of the Bank of England has spoken at the INSOL International Sixth World Congress at the Hilton Metropole Hotel in London today, 19 July. He spoke about common themes to debt workouts for corporates, banks and…

Global Financial Stability: under threat?

CENTRALBANKNET'S SPECIAL REPORT - As the global stock-market turmoil continues unabated and forecasts for economic growth are dramatically scaled back, what is the likelihood that the world financial system will escape a routing? What have we learnt from…

Interest rate decisions due

EUROPE - The European Central Bank and the Bank of England will both, separately, make their latest interest rate decisions tomorrow, 5 July. Neither is expected to cut rates further.

Bank of England - Financial Stability Review

RESEARCH - On 28 June the Bank of England published the latest Financial Stability Review for June 2001. The review contains five articles and the Bank's regular half-yearly assessment of risks to stability.

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