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BOE On Tour - Coming to a City near you soon....
inspector_monkfish
Posts: 9,276 Forumite
(someone has to replace MJ i guess 
)
14:26 10Jul09 -DJ BOE's Bean To Explain Quantitative Easing On UK Tour
14:26 10Jul09 -DJ BOE's Bean To Explain Quantitative Easing On UK Tour
DJ BOE's Bean To Explain Quantitative Easing On UK Tour
LONDON--The Bank of England said Friday that Deputy Governor for Monetary Policy Charlie Bean will tour the U.K. for seven days to explain the central bank's program of quantitative easing.
The tour will begin July 13 and Bean will visit 14 towns and cities across England, Scotland and Wales, the Bank of England said.
The Bank said that Bean is undertaking the tour "to continue the Bank's programme of explaining the MPC's policy of injecting money directly into the economy alongside its decisions on interest rates."
The BOE said this tour was in addition to MPC members' regular program of visits around the U.K.
The tour follows the BOE's publication of a pamphlet explaining quantitative easing -why it is needed, how it is expected to work and how the MPC are monitoring its effectiveness on the U.K. economy.
The BOE Thursday announced no change to U.K. interest rates or its current bond-buying program, which currently stand at 0.5% and GBP125 billion respectively.
Economists were surprised by the lack of indication over the central bank's bond-buying program, but many now expect further details and an extension to the amount of bonds and other commercial papers it can purchase, to be announced when the MPC unveils its new forecast in its quarterly inflation report.
)14:26 10Jul09 -DJ BOE's Bean To Explain Quantitative Easing On UK Tour
14:26 10Jul09 -DJ BOE's Bean To Explain Quantitative Easing On UK Tour
DJ BOE's Bean To Explain Quantitative Easing On UK Tour
LONDON--The Bank of England said Friday that Deputy Governor for Monetary Policy Charlie Bean will tour the U.K. for seven days to explain the central bank's program of quantitative easing.
The tour will begin July 13 and Bean will visit 14 towns and cities across England, Scotland and Wales, the Bank of England said.
The Bank said that Bean is undertaking the tour "to continue the Bank's programme of explaining the MPC's policy of injecting money directly into the economy alongside its decisions on interest rates."
The BOE said this tour was in addition to MPC members' regular program of visits around the U.K.
The tour follows the BOE's publication of a pamphlet explaining quantitative easing -why it is needed, how it is expected to work and how the MPC are monitoring its effectiveness on the U.K. economy.
The BOE Thursday announced no change to U.K. interest rates or its current bond-buying program, which currently stand at 0.5% and GBP125 billion respectively.
Economists were surprised by the lack of indication over the central bank's bond-buying program, but many now expect further details and an extension to the amount of bonds and other commercial papers it can purchase, to be announced when the MPC unveils its new forecast in its quarterly inflation report.
Please take the time to have a look around my Daughter's website www.daisypalmertrust.co.uk
(MSE Andrea says ok!)
(MSE Andrea says ok!)
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Comments
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'They're justified, and they're ancient, and they like to roam the land...'I think....0
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'They're justified, and they're ancient, and they like to roam the land...'
and just like The KLF, they burn millions of pounds for fun !!
http://en.wikipedia.org/wiki/K_Foundation_Burn_a_Million_QuidPlease take the time to have a look around my Daughter's website www.daisypalmertrust.co.uk
(MSE Andrea says ok!)0 -
Thanks for this - it some how puts things in to perspective.
Little did they know that bank CEOs would be burning through 1000 times as much before breakfast within a few years...inspector_monkfish wrote: »and just like The KLF, they burn millions of pounds for fun !!
http://en.wikipedia.org/wiki/K_Foundation_Burn_a_Million_QuidI think....0 -
inspector_monkfish wrote: »The Bank of England said Friday that Deputy Governor for Monetary Policy Charlie Bean will tour the U.K. for seven days to explain the central bank's program of quantitative easing.
The tour will begin July 13 and Bean will visit 14 towns and cities across England, Scotland and Wales, the Bank of England said.
I'v heard on the grapevine that up and coming UK grime star Chipmunk, and Britain's Got Talent runner up Susan Boyle have been confirmed as support acts. And if these 14 dates go well Bean could see a headlining slot at the Reading / Leeds festival in August.
What a crock of sh*t. My post and the idea of the BOE going on tour...0 -
Why not just put him on the plinth and we can throw things at him like David Blaine?0
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What I want to know is how much ground Merv has to cover when he's doing the Gilt auctions...
How much for this shiny £100 Gilt?
..run..run...run.. Merv bids £101
..run..run...run.. back to the podium... £102 at the back
..run..run...run.. Merv bids £103
..run..run...run.. back to the podium...£104 at the back
no more, finished and done!
..run..run...run.. corner the buyer... ok I'll give you £105 cash, no receipt, done!
Phew, only another £59,999,999 to go... (this week!)0
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