#BankOfEngland

Stephen Williamson

1954swilliamson

1/This Bank of England arrangement with HM Treasury may not be a big deal. The normal arrangement in most countries is for the central bank to keep the government at

This Bank of England thing isn't a big deal. It's just overdraft protection for the Treasury for cash management purposes.https://www.bankofengland.co.uk/news/2020/april/hmt-and-boe-announce-temporary-extension-to-ways-and-means-facility That

1. Couple of threads (& blog) from yesterday on the extension of the Bank of England's Ways & Means facility that I enjoyed reading. https://www.bankofengland.co.uk/-/media/boe/files/news/2020/april/hmt-and-boe-announce-temporary-extensio

New edition of @resfoundation's Macroeconomic Policy Outlook out today which focusses on the macro drivers of the labour market (with @jackhleslie)Tl;dr: risk of a larger-than-expected unemployment rise demands policy action.Short

Bank of England EM

1/ Yesterday, the MPC voted unanimously to maintain Bank Rate at 0.1%, and to continue with its existing programmes of UK government bond and corporate bond purchases. In short, no

I for one am shocked, shocked I tell you, that UNISON officials would act as duplicitous slime balls and kneecap socialist organising efforts. This is *so* out of character for

The @bankofengland & @hmtreasury have announced an extension of the government's Ways & Means Account (the government's overdraft at the central bank) which has recently only been used on manage

.@bankofengland’s MPC on hold today, as expected, with Bank Rate remaining at historic lows of 0.1% and the stock asset purchases maintained at £895bn (*but* with Andy Haldane voting to

Mervyn King(mayo de 2005): "The great Argentine footballer, Diego Maradona, is not usually associated with the theory of monetary policy. But hisperformance against England in the World Cup in Mexico

Frank_vanlerven

Top news headlines: Government borrowing highest since WW2.Not 1 headline how debt servicing costs historical lowOnly 1 mention of debt servicing costs - surprise @Telegraph No mention of BoE asset

El gol del siglo. Impactó tanto en el Reino Unido a punto tal que años después Mervyn King, presidente del Banco Central de Inglaterra presentó un argumento hablando de lo

1/11 I wrote a blog about why the US should allow payment companies to participate directly in payment systems. Currently, access is limited to depository institutions. https://transferwise.com/us/blog/us-payments-charterA thread: 2/11Payme

Guillaume Nicoulaud

Allez hop : un petit #Thread avant l'heure de l'apéro.https://twitter.com/ordrespontane/status/1249996450106421248 Je ne vais pas revenir (encore) sur le hoax de la loi de 1973 que @NPolony nous ressort ici. Si

Frank_vanlerven

The @bankofengland has today announced yet another measure - the extension of the ways and means facility...But WTF does this all mean?Here are some thoughts and tools that might help

Frank_vanlerven

Thread-QE & Inequality: Time for the @bankofengland to come clean?I had to do some research on the distributive effects of QE and so thought I would share thoughts.Key message -

Danae Kyriakopoulou

A thread on why @bankofengland moving to negative interest rates could do more harm than good, based on my latest @OMFIF piece & with links to further research:https://www.omfif.org/2020/05/uk-negative-rates-could-do-more-harm-than-good