Tag Archives: Central Bank

UK Inflation Report for May 2011 More of the Same-

The June 17 Inflation release by the Office of National Statistics (ONS), reported a larger than anticipated annual inflation rate of 4.5% unchanged from April. Annual inflation as measured by CPI has remained above the inflation target of 2% for … Continue reading

Posted in Consumer price Inde, consumer price index, Halifax House Price Index, House Price, inflation | Tagged , , , , , , , , , , , | Leave a comment

Q4 2010 UK GDP Figures

Q4 2010 GDP release has been described in the press as a “shocking contraction”. According to the ONS the bad weather at the tail end of 2010 provided the economic headwinds resulting in the unexpected contraction. The policy divide in … Continue reading

Posted in Central Bank, GDP, House Price | Tagged , , , , , | 1 Comment

Inflation and House Prices

The last blog post looked at interest rate and house prices (http://wp.me/pTU04-1S). Recall that the base rate is the main instrument of monetary policy used by the BOE. The primary purpose of the BOE is monetary stability. BOE defines monetary … Continue reading

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Interest Rates and House Prices

This now my second blog, I am going to discuss the relationship between the central bank base rate and house price. In addition the blog will look at the relationship between the base rate and other interest rates. Particularly, focus … Continue reading

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