- Story Log
User | Time | Action Performed |
---|---|---|
-
ECB’s Nagel: June Rate Cut Doesn’t Mean ECB Will Cut in Subsequent Meetings
ECB’s Nagel: June Rate Cut Doesn’t Mean ECB Will Cut in Subsequent Meetings: Newspaper Interview
— DB News TradFi (@DBNewswire) May 21, 2024
-
ECB’s Nagel: Rates Should Not Be Cut Hastily, Sees Wages Heading In The Right Direction - Handelsblatt
— LiveSquawk (@LiveSquawk) May 21, 2024
- Comments
- Subscribe
-
- Older Stories
- From @LiveSquawk|May 21, 2024
post: Fed’s Barr: Overall, US Economy Is Quite Strong - Still Need To Finish Job On Inflation - Need To ‘Sit Tight’ For Longer Than Previously Expected
- From federalreserve.gov|May 21, 2024
The Federal Reserve Board on Tuesday issued its Economic Well-Being of U.S. Households in 2023 report, which examines the financial circumstances of U.S. adults and their ...
- From brecorder.com|May 21, 2024
The International Monetary Fund on Tuesday said the Bank of England should be mindful over when to start cutting interest rates or risk harming an economy recently out of ...
-
- Newer Stories
- From ca.finance.yahoo.com|May 21, 2024
Canada’s annual inflation rate slowed to 2.7 per cent in April and measures of core inflation also eased, Statistics Canada said on Tuesday, increasing the odds that the Bank of ...
- From orbex.com|May 21, 2024
There will be a lot of attention on tomorrow’s release of the FOMC Minutes, even though not much happened then. Essentially, the last time around, the Fed simply punted the ...
- From bankofengland.co.uk|May 21, 2024|1 comment
It is a great pleasure to be here at this event, hosted by the LSE’s Financial Markets Group in honour of Charles Goodhart. This evening, I am going to talk about central bank balance sheets and in particular the Bank of England’s balance sheet. An esoteric topic perhaps, but an important one, now more than ever. And it is a topic on which Charles has written extensively. Charles worked at the Bank for nearly two decades, of course, before his distinguished career as a professor here at the London School of Economics. His article “The importance of money”, published in the Bank’s Quarterly Bulletin in 1970 and available on the Bank of England’s website, was a milestone in the study of the predictability of money demand.footnote[1] At the time this was an important issue in debates over monetary control mechanisms and the relative merits of monetary ‘rules’ and policy ‘discretion’, a debate he masterfully summarised in his 1975 book on “Money, Information and Uncertainty”. In this and later work, Charles brought his deep understanding of the nature of financial markets, of banking and of monetary assets to bear, the historical perspective always present. In his 1988 book “On the Evolution of Central Banks” he discussed “how the role and functions of Central Banks have evolved naturally over time, and play a necessary part within the banking system”. Fast forward two more decades – acr post: BoE’s Bailey: We Think the Central Bank Balance Sheet Will Remain Larger Than Before the Financial Crisis Though Not as Large as Today post: BANK OF ENGLAND'S BAILEY: A RANGE OF 345-490 BLN STG IS NOT A BAD STARTING POINT FOR CENTRAL BANK BALANCE SHEET || BANK OF ENGLAND'S BAILEY: REPO PORTFOLIO CAN OFFER A RELIABLE AND FLEXIBLE SOURCE OF RESERVES AS LARGELY ADDITIONAL HIGH-QUALITY LIQUID ASSETS TO THE SYSTEM
- Story Stats
- Posted: May 21, 2024 12:00pm
- Submitted by:Category: Low Impact Breaking NewsComments: 0 / Views: 2,130