Free Trial

A recap of BoE headlines that crossed the.......>

BOE
BOE: A recap of BoE headlines that crossed the wires a short while ago. There
has been a noticeable softening in rhetoric around negative rates over the past
week. From Reuters:
- BOE'S RAMSDEN SAYS BUYING RISKIER ASSETS AS PART OF QE WOULD NEED A FINANCE
MINISTRY INDEMNITY 
- BOE'S RAMSDEN SAYS "LITERAL READ" OF LATEST INDICATORS SUGGESTS Q2 GDP FALL
MIGHT BE SLIGHTLY LESS THAN BOE'S MAY SCENARIO, BUT STILL VERY EARLY DAYS 
- BOE'S RAMSDEN SAYS IT IS QUITE POSSIBLE BOE WILL DO MORE QE AT JUNE MEETING OR
SUBSEQUENTLY 
- BOE'S RAMSDEN SAYS IT IS REASONABLE TO HAVE AN OPEN MIND ON NEGATIVE RATES,
BUT IT IS A VERY COMPLEX ISSUE 
- BOE'S RAMSDEN SAYS BOE COMMENTS ON NEGATIVE RATES NOT MAIN DRIVER OF NEGATIVE
GILT YIELDS 
* From Bloomberg:
- BOE'S RAMSDEN: IT'S REASONABLE TO HAVE OPEN MIND ON NEG RATES 
- BOE'S RAMSDEN RULES OUT BUYING INDEX-LINKED OR SUB-3YR DEBT

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.