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Date: 2 February 2010
Author: Samra Al-Harthy, Sarah Hewin
Region: Europe
Categories: Economics
...Evidence that quantitative easing is working is patchy, but BoE likely to pause at GBP 200bn • Economic upswing is feeble so far...
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Date: 8 May 2009
Author: Sarah Hewin
Region: Europe
Categories: Economics
The ECB will embark on asset purchases; the BOE is stepping up its programme But the ECB approach will differ in...
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Date: 5 March 2009
Author: Sarah Hewin
Region: Europe
Categories: Economics
• The Bank of England is embarking on quantitative easing. Bank Rate has troughed
• QE and other government measures will tackle the problem of credit availability
• Will it work? Watch money supply, risk spreads and spending indicators
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Date: 12 February 2009
Author: Sarah Hewin
Region: Europe
The Bank of England now expects a severe recession in H109; then a bounce-back
Stimulus measures will help, but we see only a feeble pick-up by end-09
Rates should fall further, then stay low through 2010 on prolonged weak inflation
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Date: 11 November 2009
Author: Sarah Hewin
Region: Europe
Categories: Economics
• Inflation will jump in Q1-2010 as the VAT rate cut is reversed and on higher petrol prices
• But the Bank of England’s Inflation Report sees inflation below target for much of 2010-11
• Cautious tone on the economy prevails, despite forecasting above-trend growth by H2-2010
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Date: 6 November 2008
Author: Sarah Hewin
Region: Europe
Categories: Economics
• UK rates have been held too high for too long; today’s cut helps redress the balance
• Aggressive action is needed to avert a severe, 1980s-style, economic contraction
• We expect rates to fall to 1% by Spring 2009
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Date: 14 October 2009
Author: Christophe Duval-Kieffer
Region: Europe
Categories: Fixed Income
...in Europe and the UK as it is in the US • The BoE should retain a more accommodative bias for longer than other central banks...
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Date: 9 July 2009
Author: Samra Al-Harthy, Sarah Hewin
Region: Europe
Categories: Economics
...BoE on track for GBP 125bn in bond purchases; will do more if...
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Date: 5 March 2009
Author: Alvin Liew, Manik Narain, Priyanka Chakravarty, Robert Minikin
Region: Global Overview
Categories: Foreign Exchange
We expect ECB and BoE to cut interest rates 50bps to 1.50% and 0.50%, respectively...
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Date: 5 March 2009
Author: Manik Narain, Priyanka Chakravarty, Robert Minikin, Thomas Harr
Region: Global Overview
We expect ECB and BoE to cut interest rates 50bps to 1.50% and 0.50%, respectively...