|
4
Votes
vote
Fed cuts growth rates again, hints at more rate cutsThe US is going to be fortunate to see positive growth in 2011 but even that may be optimistic. I can't say what the Fed is seeing out there that suggests the bad news will be gone by the end of 2009 but I don't see anything that hints of growth out there. As for cutting interest rates again (as t ... |
|
0
Votes
vote
The death of wage inflationHaving recently returned from a holiday on the other side of the world I find it remarkable how fast the debate on inflation and interest rates has shifted. When I left a couple of weeks ago those of us who wrote that deflation was a real risk for the UK were still broadly derided and reg... |
|
0
Votes
vote
A golden opportunity for saversThe odds on another cut in interest rates have just shortened, thanks to the news that the Bank of England's Monetary Policy Committee considered lopping two whole percentage points off the base rate at its last meeting. In the end, of course, the Bank decided on a reduction of "onl... |
|
0
Votes
vote
Recovery in 2010? Can't see howIn every newspaper in the land graphics have been reproduced this week which show a very deep U-shaped plunge into the red and then a steep recovery for the UK economy. The figures on which these graphics are based were, of course, from the Bank of England November inflation report. It indicated ... |
|
0
Votes
vote
Why so many free-marketeers backed the bail-outThe markets have given their opinion on Gordon Brown's bail-out. Sterling has collapsed and the Bank of England is now predicting a serious recession. But the question remains: why did so many free-marketeers go along with the wretched thing? The various national rescue plans were backed by Centr... |
|
2
Votes
vote
Britain probably in recession: Bank of EnglandThe Bank of England (BoE) has said the British economy is probably already in recession and faced a distant risk of deflation as a global financial crisis takes its toll. ... |
Create tab
Block this tag
alistair-darling
banks
benchmark-interest-rate
chief-executives
collateral
european-banks
european-central-bank
fiscal-stimulus
further-reductions
global-financial-crisis
golden-opportunity
gordon-brown
government-pressure
inflation
inflation-report
interest-rate
interest-rates
mervyn-king
mike-smithson
mortgage-rates
percentage-point
percentage-points
pmqs
prime-minister
recession
shock
slashes
tony-blair
tories
uk-economy
united-kingdom
wage-inflation
