Central Bank Watch
Bank of England Keeps Policy as Is in Unanimous Vote
February 4, 2021
The Bank of England‘s Monetary Policy Committee had reduced the base rate twice in March 2020, first by 50 basis points and a week later by 15 bps to 0.10%. Today’s statement after maintaining 0.10% and bond-purchase ceilings of GBP 875 billion for gilts and GBP 20 billion of corporate bonds provides the following guidance to […] More
New Overnight Developments Abroad - Daily Update
Uncertain Economics, Public Health, and Politics
February 4, 2021
Investors continue to grapple with uncertainty on several planes. Covid: The trend in new cases has slowed but remains well above what was seen in earlier waves of the pandemic. Hospitalizations are down, but two potential super-spreading events loom: the Chinese New Year holiday and Super Bowl Sunday in the United States. Vaccines are being […] More