What other options does the Bank have?

January 8, 2009

Interest rates have been cut again – to a record low of 1.5 percent. As they get ever closer to zero, the impact of rate cuts will become more and more limited. So what can central banks do to ease the economic pain?

Was one point enough?

December 4, 2008

The Bank of England has cut interest rates by a whole point to 2 percent in response to increasing worries over discouraging data and a looming recession.

Pain not over yet after Bank of England rate cut

November 6, 2008

This is a guest blog by Melanie Bien, director of independent mortgage broker Savills Private Finance. The opinions expressed are her own:

Should rates go even further down?

November 6, 2008

Praise for the Bank of England’s huge cut in interest rates to 3 from 4.5 percent has been widespread.

No time to be boring for BoE’s King

October 22, 2008

mervynking.jpgBank of England Governor Mervyn King has made his first public speech since the emergency bank recapitalisation programme and several newspapers commented on the change in demeanour of a man who once said his ambition as a central banker was to be boring.

Moneyspeak: Of donkeys and carrots and shock and awe

October 13, 2008

sadtrader.jpgHere are just a few of the memorable quotes to emerge from the credit crisis:

If you would like to contribute please send us your own selection in the comments box below, with a link to where you found the quotes.

Is the rates decision a good move?

September 4, 2008

Bank of England policymakers have held rates steady at 5 percent for a fifth month running.

Where is the economy headed?

August 22, 2008

bank.jpgBritain’s second-quarter GDP growth was precisely zero, reflecting the country’s weakest performance since the recession of the early 1990s.

Two sides to sterling’s tumble

August 15, 2008

pound-coins-toby-melville.jpgSterling has extended its losses against the dollar to its lowest level in more than two years , trading just above $1.85. As recently as mid-July one pound would buy two dollars and there were plenty of tales of holidaymakers rushing to the United States to make the most of it.

Has the Bank been too cautious?

August 7, 2008

rtx71g6.jpgBattling with the twin evils of soaring inflation and weaker growth, the Bank of England has kept interest rates at 5 percent for the fourth month running.