BoE Watch MPC leaves door open for more QE The Monetary Policy Committee (MPC) is unlikely to take any action this month. After all, it is still justifying why it did nothing last month! But the Committee has left the door firmly open to a... 25th February 2010 · 1 min read
BoE Watch MPC to pause, for now The Monetary Policy Committee (MPC) faces a particularly tricky task when it meets this month. On the one hand, the economy only just limped out of recession at the end of last year. But on the other... 28th January 2010 · 1 min read
BoE Watch MPC still in wait and see mode The Monetary Policy Committee (MPC) is likely to wait for February’s Inflation Report before reviewing its asset purchase programme. Interest rates and the £200bn quantitative easing programme are... 4th January 2010 · 1 min read
BoE Watch MPC mulls alternatives to more QE With the Monetary Policy Committee (MPC) likely to wait for February’s Inflation Report before reviewing its asset purchase programme, this week’s meeting should be a non-event. In any case, the... 3rd December 2009 · 1 min read
BoE Watch Another £50bn of fireworks We anticipate more monetary fireworks from the Monetary Policy Committee (MPC) at its meeting on 5th November. With the previous extension to its quantitative easing (QE) programme now complete and... 29th October 2009 · 1 min read
BoE Watch MPC to wait for Inflation Report before doing more The Monetary Policy Committee (MPC) has made it fairly clear that it will wait until November before deciding whether to extend its quantitative easing (QE) programme again. This will coincide with... 1st October 2009 · 1 min read
BoE Watch No action this month – but MPC may not be done The Monetary Policy Committee (MPC) is unlikely to alter its quantitative easing (QE) programme at this meeting, given that it was only last month that it voted to extend the policy. Nonetheless, we... 3rd September 2009 · 1 min read
BoE Watch Inflation Report to show more QE needed The fact that the Monetary Policy Committee (MPC) chose not to extend its quantitative easing (QE) programme at July’s meeting has been taken by some as a sign that it thinks that a sufficient amount... 30th July 2009 · 1 min read
BoE Watch Another £25bn on its way soon? We think that the Monetary Policy Committee (MPC) will extend its quantitative easing (QE) programme further within the next couple of months. The Committee may prefer to wait until August, to... 2nd July 2009 · 1 min read
BoE Watch MPC to pause now that more QE is in train There is little reason for the Monetary Policy Committee (MPC) to alter the current course of asset purchases under its quantitative easing (QE) programme. After all, it was only last month that it... 28th May 2009 · 1 min read
BoE Watch QE to be extended, but not yet The Monetary Policy Committee (MPC) is likely to maintain its current course at its May policy meeting, leaving interest rates unchanged at 0.5% and voting to complete the £75bn programme of asset... 30th April 2009 · 1 min read
BoE Watch No reason to alter the course of QE yet The programme of quantitative easing (QE) has certainly got off to a positive start, as evidenced by the sharp drop in bond yields. However, its wider impact on bank lending, economic activity and... 2nd April 2009 · 1 min read
BoE Watch MPC to embark on quantitative easing February’s Inflation Report confirmed that the Monetary Policy Committee (MPC) intends to implement a significant further policy stimulus. We still think that some of this will come about through a... 26th February 2009 · 1 min read
BoE Watch Framework for quantitative easing in place The Monetary Policy Committee (MPC) has slowed the pace of monetary loosening and stressed that a large policy stimulus is in train. But the economic outlook has deteriorated further. And the MPC may... 29th January 2009 · 1 min read
BoE Watch Another step closer to zero Despite cutting interest rates by another 1% in December to 2%, the Monetary Policy Committee (MPC) has signalled that it has more work to do. Given the further deterioration in the economic outlook... 5th January 2009 · 1 min read
BoE Watch Rates to end this year equal to their all-time low Both the Inflation Report and the minutes of November’s Monetary Policy Committee (MPC) meeting suggested that another sharp interest rate cut is likely this month. Of course, they were published... 27th November 2008 · 1 min read
