Tag Archives: MPC
UK MPC expands QE by £75bn
The Monetary Policy Committee today announced a £75bn expansion of its asset purchase programme. Although this was counter to the consensus (and our own) forecast of unchanged policy this month, the surprise was more in relation to timing as a move to expand QE within the next few months was widely expected (we had expected […]
UK MPC’s Tucker pushes against more QE
BoE deputy governor and MPC member Paul Tucker confirmed today that he is at the hawkish end of the no-change camp on the committee. Giving testimony to the Treasury Committee, Mr Tucker said he did not want the impression to be taken that the MPC was drifting uniformly in the direction of increasing the amount […]
HSBC FI – ECB & MPC decisions, rift on Greece.
ECB to signal a hike in July (13:45CET) By using the expression ‘strongly vigilant’ the ECB is likely to indicate that a 25bp increase will come in July (HSBC Economics & Bloomberg consensus).