22 June 2017 A Tale Of Two Committees Should the Fed and the Bank of England swap strategies? by Frank O’Nomics. The 1980’s comedy about a tabloid newspaper, Hot Metal, once had an episode where the editorial team agonised over a lack of subscriptions when producing headlines like “Pound has a quiet day on the… Continue reading Issue 110: 2017 06 22: A tale of two committees (Frank O’Nomics)
Tag: Mark Carney
Issue 78: 2016 11 03: Week in Brief: UK
03 November 2016 Week in Brief: UK Government HEATHROW: A series of legal challenges is now getting underway against the new runway at Heathrow. One group, representing Teddington residents, has suggested that Sir Howard Davies, who chaired the enquiry which recommended the proposal, was biased because of his links with GIC Private Ltd, an owner… Continue reading Issue 78: 2016 11 03: Week in Brief: UK
Issue 63:2016 07 21: Tantric Central Banking (Frank O’Nomics)
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)
Issue 54:2016 05 19: Week in Brief Financial
19 May 2016 Week In Brief: BUSINESS AND THE CITY LOST CONNECTION: After many months of negotiation, lobbying, and speculation the European Commission finally refused to allow CK Hutchison Group, the Hong Kong telecoms operator, to use its UK operation, Three, to take over O2, which is one of the largest mobile telecoms operator in… Continue reading Issue 54:2016 05 19: Week in Brief Financial
Issue 54: 2016 05 19: Week in Brief: UK
19 May 2016 Week in Brief: UK Queen’s Speech MEASURES INCLUDED: the Queen’s speech included: a legal right to faster broadband (although residents in the remotest properties may have to contribute); restrictions on access to porn sites; measures to encourage driverless cars; a streamlining of planning; measures to make it easier to switch banks and… Continue reading Issue 54: 2016 05 19: Week in Brief: UK
Issue 47: 2016 03 31: The existential crisis in banking (Frank O’Nomics)
31 March 2016 The existential crisis in banking by Frank O’Nomics Financial institutions exist to make money. Or at least they used to. The financial crisis of 2008, the seemingly endless series of scandals (Libor, FX, interest rates swaps, etc,etc) have all served to lead these entities, which are the life blood of a service… Continue reading Issue 47: 2016 03 31: The existential crisis in banking (Frank O’Nomics)
Issue 47: 2016 03 31: Week in Brief Financial
31 March 2016 Week in Brief: Business and the City GRIM NEWS FOR THE VALLEYS: 2015 was a terrible year for the British steel manufacturing industry. Battered by cheap Chinese and Indian imported steel, many UK plants making non-speciality steel gave up the struggle and closed down, with thousands of job losses. Now… Continue reading Issue 47: 2016 03 31: Week in Brief Financial
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
