Posts tagged ‘bank of Canada’

Central banking: The New Era



Rate normalisation is the phrase on everyone’s lips. Well, maybe not everyone’s…some people have just been saying “higher interest rates.” Currently, the United States and the UK look like they going to be the pathfinders, striding toward rate hikes while several other major central banks…

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The Old Lady of Threadneedle Street Has a New Man…and He’s Canadian



On Monday, the Old Lady of Threadneedle Street proved that she’s still got some tricks up her sleeve. The Bank of England (located on Threadneedle Street in London since 1734 – hence the name) shocked almost everyone by announcing that Mark J. Carney had been selected as Mervyn King’s…

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