7 March 2021 We have all marvelled at the dramatic expansion of the US Federal Reserve's balance sheet following both the Global Financial Crisis (GFC) and the Covid pandemic. And, the Chart illustrates quantitative easing (QE) policies have had a similar impact on the asset holdings of central banks worldwide (thanks to Yardeni Research for [...]
11 October 2019 Understandably, perhaps, Brexit fatigue is widespread. However, the issues at stake are far too important to allow the outcome to be decided simply because of weariness. Not only are the economic implications significant, but the result will define the relationship between the UK executive government, the Parliament, the courts, and the electorate [...]
Fine and timely piece of work on this important topic by the Bank of England's top economist Andy Haldane. http://www.bankofengland.co.uk/publications/Pages/speeches/2017/968.aspx
23 March 2017 At long last, after a long campaign, referendum vote, and legal challenges, the Brexit negotiations can officially begin. Of the many important issues confronting the markets will be how the Bank of England navigates monetary policy through these uncertain times. This is especially true as the last CPI release saw inflation breaching [...]