Silver as an investment

Category Archives: MPC

UK Retail Employment Plunges Most Since 2008 As Retail Sales Crash

Yesterday we noted the surge in cable following the stronger-than-expected Q3 GDP print of 0.4% Q/Q, above the 0.3% estimate. Afterwards, the market was calculating an 87% chance that the BoE would hike next week. Brown Brothers commented that: The case against a hike is that inflation appears poised to peak shortly, the economy is […]

Pound Spikes As BOE “Hawkish” Vote Surprises Traders

The pound sharply reversed overnight losses (the result of weaker than expected UK retail sales 0.90% Y/Y, exp. 1.7%) rising as much as 0.3% to 1.2794 after the BOE announced it kept rates at 0.25%, however the hawkish surprise was the 5-3 vote, far closer than the 7-1 expected, as two more MPC members , […]

More jargon: Central Banks Discover Macroprudential regulation

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. thedailybell.com / By Staff Report / Wednesday, July 10, 2013 A new era of central banking and the next crisis … The new Bank of England governor Mark Carney has probably just about settled into his office in his first week at the helm of the […]

BOE Surprises in Word not Deed

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. marctomarket.com / By Marc Chandler / July 4, 2013 Mark Carney’s presence at the Bank of England was felt immediately.  Although the MPC did not change policy, it did issue a statement and that markets reacted to it by taking sterling […]

BoE policymaker Martin Weale douses hopes of monetary stimulus when Mark Carney arrives

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Martin Weale is a member of the Bank of England’s rate setting committee telegraph.co.uk / By Philip Aldrick / May 17, 2013, 2:44PM BS Martin Weale, a member of the rate-setting Monetary Policy Committee, warned that more stimulus risked a damaging surge in […]

50 Billion More QE to Come From BOE This Week

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. truthingold.com / July 1, 2012 The Bank of England is poised to pump 50 billion pounds of fresh stimulus into the ailing economy in a bid to drive Britain out of recession. The Bank’s Monetary Policy Committee (MPC) is expected […]

UK may need more QE, warns Bank of England’s Adam Posen as he steps down from the MPC

telegraph.com.uk / By Angela Monaghan / May 18, 2012 His comments came as the Bank revealed Mr Posen will not seek reappointment to the Monetary Policy Committee when his three-year term comes to an end on August 31. Known as an arch dove, in favour of looser monetary policy, Mr Posen had repeatedly called for […]