BoE's Carney: BoE retains the ability to relaunch term funding scheme as necessary
Tuesday, 18 June 2019 21:43 WIB | FISCAL & MONETARY | ECBBOEMark Carney,

While speaking at the policy panel at the European Central Bank (ECB) Forum on Central Banking in Sintra, Portugal, Bank of England Governor Mark Carney said that in exceptional circumstances, like Brexit, the Monetary Policy Committee (MPC) could extend the horizon over which it returns to the inflation target.

Key quotes :

Says his comments at ECB panel have no bearing on BoE policy announcement on Thursday.

It has been critical for the Bank of England to pursue flexible inflation targeting.

Flexibility cannot be used without limit, MPC has set out framework for policy trade-off.

Experience in euro area and UK shows how forward guidance can be effective in managing expectations.

BoE retains the ability to relaunch term funding scheme as necessary.

Source : Fxstreet

RELATED NEWS

Australia Central Bank Pins Hope on Quicker Economic Recovery After Pandemic Shutdown
Tuesday, 2 June 2020 13:25 WIB

Australia™s central bank held rates at all-time lows on Tuesday and sounded less gloomy as the economy gradually re-opens during what is likely to be the worst quarter since the Great Depression. The Reserve Bank of Australia (RBA) left rates at 0.25% at its monthly policy meeting in a widely exp...

Powell Says The Fed is 'Days Away' from Making The First Loans in The Main Street Lending Facility
Friday, 29 May 2020 22:56 WIB

Federal Reserve Chairman Jerome Powell said the central bank's long-awaited program to lend to small- and medium-sized businesses is about to get off the ground. The Main Street lending facility, which will target companies with up to 15,000 employees, has been difficult to set up but is just about...

RBA : Australia Economic Downturn To Be Less Severe Than Initially Feared
Thursday, 28 May 2020 10:06 WIB

Australia™s central bank chief said on Thursday that better-than-feared health outcomes from the COVID-19 pandemic suggest the country™s economic downturn will likely not be as severe as earlier thought. The remarks come as Australia, with a much lower COVID-19 death toll than other advanced co...

RBA's Lowe: Australian financial system is resilient and is well placed to deal with COVID-19
Thursday, 21 May 2020 09:53 WIB

Reserve Bank of Australia (RBA) Governor Philip Lowe is on the wires now, via Reuters, speaking on a panel at FINSIA's "The Regulators" Webinar. "Australian financial system is resilient and is well placed to deal with COVID-19." "Capital and liquidity buffers that exist are available to be drawn ...

Fed Officials Discuss How to Convince Markets That Interest Rates Will Stay Low For a Long Time
Thursday, 21 May 2020 02:33 WIB

Federal Reserve officials in April discussed the next phase of interest rate policy ”convincing markets that rates will stay low for a long time ” but gave no sense than any changes were imminent. Meeting minutes from that session released Wednesday said that œat upcoming meetings the Fed ...

ANOTHER NEWS
Indigenous Australians Show Solidarity With US Protesters
Wednesday, 3 June 2020 23:40 WIB As protests take place in the United States of America, indigenous families who have had bad experiences with law enforcement say police brutality is a serious problem in Australia. Aboriginal Australians make up about 3 percent of the total...

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.