BoE Watch A 75bps cut the next step to 1% rates With the economy plunging into recession and inflation risks rapidly receding, interest rates clearly need to fall considerably further. Accordingly, we expect the Monetary Policy Committee (MPC) to... 30th October 2008 · 1 min read
BoE Watch Rates heading towards 3.5% The dramatic events of the past few weeks have changed the debate from whether the Monetary Policy Committee (MPC) will cut interest rates this year to whether it will cut them in October or November... 2nd October 2008 · 1 min read
BoE Watch Next rate cut edges closer The interest rate debate remains finely balanced, with lingering upside risks to inflation likely to keep interest rates on hold in September. However, the Monetary Policy Committee (MPC) appears to... 28th August 2008 · 1 min read
BoE Watch Besley unlikely to muster a majority for a hike Inflationary pressures continue to prevent the Monetary Policy Committee (MPC) from cutting interest rates in response to the deteriorating real economy. In fact, if interest rates change this month... 31st July 2008 · 1 min read
BoE Watch MPC unable to prevent recession An interest rate cut is desperately needed to support the rapidly deteriorating economy. But inflationary pressures continue to tie the Monetary Policy Committee’s hands. The chances of an interest... 3rd July 2008 · 1 min read
BoE Watch Near-term rate cuts off the agenda Not only does a June interest rate cut look out of the question, but the deterioration in the inflation outlook means that, unless the activity data start to look really dreadful, rates are unlikely... 29th May 2008 · 1 min read
BoE Watch A brief pause Disagreement on the Monetary Policy Committee (MPC) has intensified between those members who are more worried about the near-term inflation outlook and those whose concerns centre on the weakening... 1st May 2008 · 1 min read
BoE Watch The next step towards 3.5% The dilemma facing the Monetary Policy Committee (MPC) has not got any easier to resolve. Inflation expectations have risen further and yet borrowers have started to suffer even more at the hands of... 3rd April 2008 · 1 min read
BoE Watch MPC willing to tolerate a sharp slowdown The recent economic news has deepened the dilemma facing the Monetary Policy Committee posed by slowing activity on the one hand and strengthening price pressures on the other. But recent speeches by... 28th February 2008 · 1 min read
BoE Watch MPC to tread carefully Recent Monetary Policy Committee (MPC) communications have just about made a rate cut on Thursday a done deal. The recent equity market turmoil has raised the question of whether the MPC should follow... 31st January 2008 · 1 min read
BoE Watch Another nail-biter After a nail-biter in December, January’s interest rate decision is shaping up to be just as close. The Monetary Policy Committee (MPC) seems pretty certain that rates need to fall significantly... 3rd January 2008 · 1 min read
