At the US Federal Reserve, when is a threshold not a threshold? When it's an embarrassment
By Nick Beecroft - 11 February 13:17

The Federal Open Market Committee is keen to hold fund rates in spite of falling unemployment. It's the first act of a newer, stricter committee.

To tackle personal debt we need to tackle inequality first
By Duncan Exley - 20 November 16:38

An inequality test should be applied to all government policies to assess whether they will increase the gap between the richest and the rest.

Bank of England.
Bank of England forecasts move more than credibility demands
By Nick Beecroft - 20 November 11:58

The Bank is still underestimating the strength of the recovery - and its latest report, puzzlingly, contained large changes to its expectations for both unemployment and inflation.

Mervyn King gets his life peerage and a lollipop, the rest of us get more misery
By Alex Andreou - 21 June 12:05

The newly ennobled Mervyn King blames “a collective lack of imagination” for the financial crisis. We, all of us, failed to see the iceberg. The only problem is that most of us were in the engine room shovelling coal.

Leader: Don’t bet the bank on Mark Carney
By New Statesman - 14 June 11:32

Until the government marries monetary activism with fiscal activism, Britain will not have a recovery worthy of the name.

Paul Tucker attempts to spice up British monetary policy
By Alex Hern - 26 February 17:23

Negative interest rates are like candy floss to central bankers, it is believed.

The challenges facing Mark Carney at the Bank of England
By David Blanchflower - 07 February 15:38

The new Bank of England governor doesn’t start until July but he has some important decisions to make before then.

Credit rating agencies still not very good at rating credit
By Alex Hern - 11 October 13:27

The University of Cambridge is apparently a safer investment than the UK.

Libor reforms revealed: regulation, not replacement
By Alex Hern - 28 September 8:53

The focus narrows, and anti-fraud measures are introduced, but the interbank rate is sticking around.

BBA cedes Libor role – who will replace them?
By Alex Hern - 26 September 8:12

The government may want a place in the process.

A high street bank
The end of free banking could be an opportunity for other financial institutions
By Carl Packman - 12 September 9:05

Building societies and credit unions stand to benefit if we move towards a paid-for model.

Are fiscal conservatives even certain of what they're arguing about?
By Alex Hern - 31 August 13:05

One of the problems fiscal conservatives have is that most of them can't actually agree about what they are conservative about.

If you thought Ryan's fiscal policy was bad, wait til you see his monetary policy
By Alex Hern - 14 August 12:29

"Sound money", raising interest rates and Ayn Rand: he's got it all.

QE, zero rates, and a Chinese surprise
By Alex Hern - 05 July 15:35

It's central bank mania!

New Statesman
Chart of the day: Business as usual in the ECB
By Alex Hern - 06 June 15:58
The Bank of England at night.
Negative interest rates are fun for Governments
By Alex Hern - 30 May 15:27

£30bn infrastructure programs! Ending taxation!

New Statesman
Investors pay Germany to look after their money
By Alex Hern - 23 May 15:11

Zero coupon bond sold for a yield of 0.07 per cent.

New Statesman
Can Wonga lecture on responsible finance?
By Carl Packman - 21 May 14:54

And more importantly, would you let them do so to your children?

Credibility and the confidence fairies
By Dom Boyle - 17 May 17:46

Low interest rates have nothing to do with "our hard-won credibility"

A supporter of credit unions in Los Angeles
Payday lenders have lessons to learn from credit unions
By Carl Packman - 14 May 13:24

A cap on interest is the first step to transforming predatory lenders into responsible ones.

Alexis Tsipras, head of SYRIZA
Does Greece have "odious" debt?
By Alex Hern - 09 May 11:58

Alexis Tsipras wants Greece to stop paying odious debt. But does it have any?

ECB president Mario Draghi
ECB leaves rates unchanged
By Alex Hern - 03 May 16:56

Interest rates remain at 1 per cent, despite calls for a cut.

The Reserve Bank of Australia
Australia cuts interest rates by 50bps
By Alex Hern - 01 May 11:18

Lower-than-expected growth and higher mortgage rates prompted cut

New Statesman
Mervyn King is a tyrant, but who will succeed him at the Bank?
By David Blanchflower - 18 April 14:44

It’s time for a heavyweight at the Old Lady of Threadneedle Street.

Jurre Herman's Europizza plan.
ECB holds interest rates at 1 per cent
By Alex Hern - 04 April 15:54

Is it time for the Eurozone pizza plan?

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