Tag: BOE
The Bank of England All but Admits Recession
September 23, 2022
The Bank of England (BoE) all but admitted the UK is officially in a recession. Bank Governor Andrew Bailey stated weeks ago that there was nothing the central bank...
BRITAINBritish Pound Falls to 37-Year Low
September 8, 2022
The Bank of England has admitted defeat, admitting they cannot prevent a recession. The pound fell to the lowest level against the USD on Wednesday afternoon after...
BRITAINWorld War III in Financial Markets Begins
December 16, 2021
As I mentioned on the Private Blog yesterday, the Federal Reserve declared World War III in the financial markets as the European Central Bank (ECB) was on its...
Central BanksDo Lower Interest Rates Promote Deflation?
October 25, 2016
QUESTION: Mr. Armstrong; You have said that the only way to reverse the deflation is to raise interest rates not lower them. I understand that the low rates only...
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