Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
Reporting on key macro data at the time of release.
Real-time insight on key fixed income and fx markets.
- Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- MNI ResearchMNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
- About Us
Sign up now for free access to this content.
Please enter your details below and select your areas of interest.
The Bank of England would not sanction ending reserve remuneration, saying that any such decision would be fiscal policy and a matter for the Treasury, not the Bank, adding that it would complicate monetary policy transmission, Governor Andrew Bailey said Tuesday.
Such a move "is actually fiscal policy, it is a tax on the banking system which would get passed through into the economy. It is not monetary policy ... If that decision were to be taken it would not be a decision in my view for the Bank of England," Baily told the Lords Economic Affairs Committee.