from Breakingviews:

Believe bonds not stocks on Brexit damage

June 30, 2016

UK markets, like the Roman god Janus, have two faces. A week on from Britain’s vote to leave the European Union, equity markets present a view that things won’t be too much worse than the past. Falling government bond yields point to a bleaker future. The pessimistic thesis has more going for it.

from Breakingviews:

Review: Stop blaming the world’s central bankers

April 8, 2016

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

from MacroScope:

Kicking the can down the road on British rates – again

January 28, 2016

Bank of England Governor Mark Carney speaks during the bank's quarterly inflation report news conference at the Bank of England in London August 13, 2014. The Bank of England forecast on Wednesday that wages would grow far more slowly than previously expected and linked their rate of increase closely to borrowing costs, suggesting it was in no hurry to raise Britain's record low interest rates.  REUTERS/Suzanne Plunkett   (BRITAIN - Tags: BUSINESS POLITICS) - RTR4299J

Forecasts for when the Bank of England will raise rates have been put off into the future for the seventh time since Mark Carney became Bank of England Governor nearly three years ago.

from MacroScope:

EU vote casts shadow over Britain as 2016 kicks off

January 8, 2016

At this stage, it is hard to quantify how a planned referendum on Britain's membership of the European Union is impacting investor sentiment and the outlook for business investment. But there is little doubt it will influence the timing of the Bank of England's first interest rate hike in nearly a decade and how sterling trades this year.

from MacroScope:

UK bank stress tests do not clear fog over China risk

December 22, 2015

British banks survived the Bank of England’s 2015 stress tests largely unscathed, but the assessment published earlier this month also underscored the vulnerability of the UK banking system to China.

from MacroScope:

Wayward guidance: More Britons than ever don’t know where rates are headed

December 11, 2015

So much for forward guidance. The largest proportion of Britons on record -- almost a quarter -- have "no idea" where interest rates are heading over the next 12 months, according to the Bank of England's quarterly survey of the public's views on the economy.

from Breakingviews:

Cash is far from meeting its Waterloo

December 2, 2015

The author is a Reuters Breakingviews columnist.  The opinions expressed are his own.

from Breakingviews:

Bank rule zealots will be forced to back down

December 2, 2015

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

from MacroScope:

With such similar inflation, how far behind the Fed can the BoE be?

November 18, 2015

RTR4OY3Z.jpgNot long ago, the big debate was over who would raise rates first, the U.S. Federal Reserve or the Bank of England. Now with the Fed giving clear signals it's on the brink of hiking and the BoE appearing to be pushing that day further off into the future, one could naturally conclude that the inflation outlook in both economies is vastly different.

from MacroScope:

Some still say BoE rate hike to come sooner rather than later

November 11, 2015

carney.jpgThe consensus on when the Bank of England finally pulls the trigger and hikes interest rates from a record low 0.5 percent firmly settled on the second quarter of next year in the latest Reuters poll.