United Kingdom
Governor salaries range as high as $1 million
Base pay tends to rise with GDP per capita, but there is wide variation, benchmark data shows
Bank of England raises policy rate to 0.75%
Energy price shocks could push headline inflation higher than previously forecast, BoE says
UK regulators warn crypto firms not to breach sanctions
Crypto asset firms risk breaking law if they fail to enforce sanctions on Russia
CCP collateral regulation could limit procyclicality – BoE paper
Requiring CCPs to reinvest cash collateral can help reduce procyclicality during stress, authors find
‘Financial concerns’ impact consumption – BoE paper
Households with financial worries have a higher marginal propensity to consume, survey shows
BoE aims to boost comms with new ‘visual identity’
Design overhaul aims to help central bank reach a wider audience, BoE says
BoE consults on removing macro-prudential rule
Affordability test has drawbacks and may no longer be needed, given other tools, says FPC
Bailey seeks to clarify controversial comments on wage restraint
BoE governor says firms need to curb price rises to limit impact on poorest households
UK sanctions on Russia target five smaller banks
EU and US yet to announce detailed measures as expert calls possible Biden measures “weak”
Firms must improve liquidity safeguards – BoE’s Cunliffe
March 2020 “dash for cash” shows need for better margining practices, deputy governor says
Wage pressure was ‘big call’ in BoE forecasts, says Pill
Chief economist says easing of wage pressure will be critical if UK is to avoid recession
BoE hikes main rate and begins shrinking balance sheet
UK Treasury unveils parallel measures to cushion impact of surging energy prices
UK inflation hits 30-year high
Figure is now highest since CPI series began, driven by energy and food prices
No ‘convincing case’ for UK retail CBDC, say legislators
Report warns of potential “significant challenges” for financial stability and privacy posed by CBDC
BoE to publish ‘pop-economics’ book
‘Can’t we just print more money?’ is latest step in educational push by central bank
BoE paper warns of ‘non-standard errors’
Researchers may introduce additional errors to data samples through their analysis
UK court recognises Venezuelan opposition central bank board
Rival Venezuelan leaders have struggled over central bank and overseas gold reserves
Bank of England raises policy rate
Tightening comes amid inflation surge and just after BoE completes asset purchases
IMF urges UK to withdraw ‘exceptional’ monetary policy
Fund says signals would dampen inflation expectations while leaving policy supportive
BoE tightens countercyclical buffer as risks stabilise
Banks expected to meet higher rate without cutting lending, even as capital ratios dip
BoE opens sharia-compliant facility after six years of work
‘Wakalah’ liquidity facility designed to address disadvantage faced by Islamic banks
BoE paper links inequality to credit crises
Central banks will redistribute resources whether they act or not, authors say
BoE’s new RTGS system to be open 24/7 ‘if required’
Should industry require it, the upgraded system will be operational continuously
Furlough uncertainty delayed BoE rate hike – Bailey
Roughly a million people were still using the job protection scheme when it ended, governor says