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👤Arthur Greene
🕔November 28, 2016
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The highly uncertain outlook for Britain’s economy as the country prepares to leave the European Union means the Bank of England should keep interest rates on hold, one of the bank’s top policymakers said on Monday.
Gertjan Vlieghe, one of the strongest advocates for Bank of England stimulus in the aftermath of June’s Brexit vote, said upside or downside surprises in Britain’s economy need not prompt automatic changes in British monetary policy.
…
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👤Arthur Greene
🕔November 8, 2016
UK industrial production surprisingly dropped in September, according to official figures, but manufacturing output was unexpectedly stronger.
The figures confirmed that British industry overall dragged on otherwise robust economic growth in the third quarter. By contrast, consumers have shown no sign of curbing their spending after June’s vote to leave the European Union.…
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RBNZ Rate Cut Ahead or Not?
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👤Nurudeen Amedu
🕔August 10, 2016
- This week holds a higher chance of a 25bp cut
As this week’s RBNZ Monetary Policy Statement draws closer. With the focus shifting to fiscal policy and global monetary policy having a long way to go, pressure will be mounted on some of the world’s major central banks to drive monetary policy further into the red.…
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