money supply

Ralph Atkins

An ECB executive board member is sceptical about “leaning against the wind,” writes Ralph Atkins of the Financial Times Read more

Charlie Bean, the deputy governor of the Bank of England, critisises the logic of looking at the rising reserves and claiming this means QE does not work, writes Chris Giles of the Financial Times Read more

David Cameron, Conservative Party leader, has crossed the line, calling for the Bank of England’s money printing to stop. It is the clearest attack on Bank independence since the Conservatives dropped their opposition to the idea writes Chris Giles of the Financial Times. Will Mervyn King have the guts to complain? Read more

The Bank of England left monetary policy unchanged in October, holding interest rates at 0.5 per cent and the level of quantitative easing at £175bn. No surprise here, writes Chris Giles of the Financial Times, with the big questions postponed until the November meeting. How much QE is the right amount of QE? That is what the Monetary Policy Committee will have to decide.  Read more

Mure Dickie

The BoJ balance sheet expansion moves announced in the aftermath of the Lehman Shock are correctly billed as more about financial sector stability than economic stimulus. Expectations are growing that they will be allowed to expire in December, given that fears of a credit crunch have faded. Read more

Quantitative easing set to expand as fresh capital is required, particularly in emerging markets. London’s competitiveness as a financial centre is threatened and rumours of devaluation in Switzerland and Venezuela Read more

Krishna Guha

Krishna Guha of the Financial Times on Fed Governor Kevin Warsh arguing forcefully for a symmetry of response from the FOMC for credibility reasons Read more

Chris Giles of the Financial Times asks, if the Bank of England’s policies are so successful, why does it say the recovery be slow and why might there be a need to shovel even more newly created money out of the Bank’s door into the economy? Read more

The Bank of England’s growth forecasts were good, but have been terrible of late. What do the most recent ones tell us about interest rates and the Bank’s view of the recession, asks Chris Giles of the Financial Times Read more

Ralph Atkins

How the ECB is revamping its “monetary pillar”… but why M1 is not behaving as it should, writes Ralph Atkins of the Financial Times
 Read more