Reform UK pledges mass tax cuts in manifesto launch
Party says the BoE should cease interest payments to commercial banks on the £700bn bonds it holds as a result of QE
Party says the BoE should cease interest payments to commercial banks on the £700bn bonds it holds as a result of QE
‘Governments, and their agents such as central banks, are very much involved in controlling economies and financial markets’
Unbroken 330-year track record of the British government never missing due interest or principal payments
The European Central Bank has set an end date for quantitative easing, stating purchases will be halved after September before the programme ends in December.
The European Central Bank (ECB) will cut the size of its monthly asset purchases in half from January next year, the bank’s president Mario Draghi announced on Thursday. Bond and equity markets, as well as the euro, hardly responded to the announcement.
The US Federal Reserve announced it will begin to unwind its quantitative easing programme in October, and said another rate hike this year is likely despite persistently low inflation.
A meeting of the European Central Bank heralded few surprises on Thursday, but added fuel to speculation QE will continue past 2017.
The Bank of England’s decision to cut interest rates and expand quantitative easing (QE) to cushion the UK from recession is not the answer to the country’s economic woes, the chief executive of deVere Group has warned.
The Bank of England has chosen to keep its powder dry by backing off from the interest rate cut that had been hinted at, but is this a U-turn or just minor detour?
In this Q&A session, filmed at a Pan-European Congress hosted by International Adviser’s sister publication Expert Investor, Yanis Varoufakis reveals exclusively why he is not a eurosceptic. He also explains why he admires Wolfgang Schäuble, and much more.
Although commodities are still being treated with a great deal of suspicion, by taking a long-term view investors could reap the rewards of the consolidation that is already underway in the sector.
European Central Bank president Mario Draghi disappointed markets on Thursday. While the bank delivered a 10 basis point cut to the deposit rate to an historic -0.3%, and extended the deadline of its asset purchase programme by six months, it kept the main refinancing and marginal lending rates steady at five and 30 basis points…