21 July 2016 Tantric Central Banking Dithering over rate moves hides a fundamental impotence. by Frank O’Nomics Yet again the Governor of the Bank of England has strongly hinted at a change to monetary policy and has failed to follow-through. Following at least 3 occasions when he seemed to be preparing markets for an interest… Continue reading Issue 63:2016 07 21: Tantric Central Banking (Frank O’Nomics)
Tag: Bank of England Inflation Report
Issue 38: 2016 01 21: The Blind leading the Blind (Frank O’Nomics)
28 January 2016 The Blind leading the Blind What is the point of forward guidance? by Frank O’Nomics When should we expect UK interest rates to rise? For many years economist have examined the fan charts of inflation forecasts in the Bank of England Inflation Report for clues as to the likely timing of a… Continue reading Issue 38: 2016 01 21: The Blind leading the Blind (Frank O’Nomics)
Issue 28:2015 11 12: Missed opportunities
12 November 2015 Missed opportunities by Frank O’Nomics The Governor of the Bank of England, Mark Carney, has been pilloried by some as being Mr Flip-Flop regarding UK interest rates. Having prepared the City for a rate rise via so-called “forward guidance”, the latest Bank of England Inflation Report suggests that rates could remain on… Continue reading Issue 28:2015 11 12: Missed opportunities