Hints and tips:
...That is much higher than the previous pre-2020 peak, the BoE noted....
...The Bank of England’s Ambrogio Cesa-Bianchi, Richard Harrison and Rana Sajedi have therefore tried to come up with an estimate for the global economy’s R*, and decompose it into its various components....
...Charlotte Harrison, interim chief executive for home financing at Skipton Building Society, told the Treasury select committee that uptake of the measures had “been more driven by life events rather than...
...David G Blanchflower Bruce V Rauner Professor of Economics, Dartmouth College, Hanover, NH, US Lord Sikka Emeritus Professor of Accounting, University of Essex, Colchester, UK Richard Murphy Professor...
..., who worked for ex-chancellor Philip Hammond; and two former members of the BoE Monetary Policy Committee, Sushil Wadhwani and Gertjan Vlieghe....
...“It appears that some players in the market ran out of collateral and dumped gilts,” said Peter Harrison, chief executive of Schroders, which has $55bn in global LDI business....
...Meanwhile, Hunt unveiled an advisory council made up of economists with close ties or former links to the Treasury: Rupert Harrison, who was an adviser to former chancellor George Osborne; Karen Ward, who...
...Share your ideas with us at imani.moise@ft.com and sid.v@ft.com. Happy reading!...
...Mr Tucker indicated that economic recovery would come more quickly thanks to recent breakthroughs in vaccine development — although expecting a “V-shaped” recovery remained “beyond stupid”....
...This is what Rupert Harrison, portfolio manager at BlackRock and the economic adviser to former chancellor George Osborne, fears....
...Melly had identified these sartorial shifts as early as 1966, when he noticed exaggerated costumes worn by gallery-goers at an exhibition of the work of Aubrey Beardsley, the Victorian illustrator, at the V&...
...Andy Haldane, the BoE’s chief economist, voted against the expansion of asset purchases in June, arguing that the recovery was “so far, so V [shaped]”....
...External BoE monetary policymaker Silvana Tenreyro said in mid-July that her central forecast was for output “to follow an interrupted or incomplete V-shaped trajectory”....
...Andrew Bailey, the new Bank of England governor, was accused of producing overly rosy predictions on Thursday after the central bank said it expected a V-shaped economic recovery from the coronavirus crisis...
...Andy Haldane, the BoE’s chief economist, has argued that the recent pick-up in consumer spending suggests a V-shaped recovery, while others on the MPC have argued that health concerns and fears over job...
...Rupert Harrison, portfolio manager at BlackRock, and a former Treasury adviser, described the combination of policies as “a form of co-ordination between monetary and fiscal policy, allowing the government...
...By the end of this year, the BoE will have accumulated £895bn in assets since it first began buying bonds during the global financial crisis in 2009....
...“He’s v bright, tough and politically savvy with a small p,” tweeted Rupert Harrison, the former Tory chancellor’s one-time chief adviser....
...“Much more effort over the summer should have gone into planning for a second wave [of coronavirus], rather than pinning hopes on a V,” he said....
...He added that this was likely to suggest a slower recovery than the “so far, so V [shaped]” assessment of the BoE’s chief economist, Andy Haldane....
...“The V-shaped recovery that the BoE continues to project seems unlikely, to put it very mildly,” said Kallum Pickering, economist at Berenberg, the investment bank....
...The recovery is “so far, so V [shaped]”, Andy Haldane said in an online presentation, explaining that he voted against pumping another £100bn of newly created money into the economy because the “upside news...
...By dressing up its V-shaped economic forecast as a scenario, the BoE has hindered the necessary work of real scenario planning for outcomes that might be significantly worse than hoped....
...That had a deeper drop in economic output than the April official figures showed last week but also a V-shaped recovery with little longer term scarring....
...He said the BoE’s V-shaped recovery prediction would be “challenging”. On Thursday, the BoE forecast that the crisis will push the economy into its deepest recession in 300 years....
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