Hawkish Bank of England plays ‘catch-up’ with the cycle
04 Feb 2022 - Konstantinos VenetisA 25bp hike was already in the price ahead of February’s meeting and the MPC did not disappoint, paving the way for ‘passive QT’ as the policy rate has now reached the 0.50% threshold for allowing maturing gilts to roll.
#Monetary Policy #Inflation #Bank Of EnglandThe Sellside Guide to Christmas
24 Dec 2021 - Dario PerkinsThe Christmas blockbuster: For economists, Christmas is all about the big “Year Ahead” publication. Even though it’s obvious nobody actually reads these tomes (except, maybe, other sellsiders), they have to be really.
#Central Banks #Bank Of England #FX Market #Cryptocurrency #ChristmasThe Bank of England’s monetary ‘put’ need not imply static policy
28 Jun 2021 - Konstantinos VenetisJune’s MPC meeting delivered no surprises, but the debate within the Committee is becoming more nuanced. A closer look at the minutes reveals early signs of a rift between 1) those members on alert for imminent signs of.
#Inflation #Interest Rates #Bank Of England #Quantitative EasingEconomists’ guide to Christmas (redux)
23 Dec 2020 - Dario PerkinsThis was something we published back in 2013 – the Economists’ guide to Christmas. But we made a serious omission, by leaving out Modern Monetary Theory. So here’s an update, incl. MMT: ‘If you put two economists in a.
#Central Banks #Federal Reserve #European Central Bank #Bank Of England #Bank of Japan #Modern Monetary TheoryUK economy at inflection point
07 Oct 2020 - Konstantinos VenetisChancellor Rishi Sunak has vowed to “balance the books”, yet pressure to keep the fiscal taps loose is unlikely to let up anytime soon. The government’s backstops have put a floor under the economy, but as the mid-year.
#Bank Of England #United Kingdom #Labour Market