David Miles http://www.globalpost.com/taxonomy/term/34832/all en UPDATE 1-BoE's Miles sees case for up to 175 bln stg more QE http://www.globalpost.com/dispatch/news/thomson-reuters/130221/update-1-boes-miles-sees-case-175-bln-stg-more-qe <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* BoE's Miles sets out model to calculate ideal QE purchases</p> <p>* Sees case for up to 175 bln stg more if output gap large</p> <p>* No clear stimulus alternative to buying more bonds</p> <p>* Time to reverse QE when the recovery "has legs"</p> <p>By David Milliken</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130221/update-1-boes-miles-sees-case-175-bln-stg-more-qe" target="_blank">read more</a></p> David Miles Economics Entertainment Inflation Macroeconomics Thomson Reuters Thu, 21 Feb 2013 21:30:32 +0000 Thomson Reuters 5762680 at http://www.globalpost.com UK housing not overheating, rates not at lows forever: BoE's Miles http://www.globalpost.com/dispatch/news/thomson-reuters/140217/boes-miles-says-uk-housing-market-not-overheating-bloomberg-tv <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Ana Nicolaci da Costa and Andy Bruce</p> <p>LONDON (Reuters) - Britain's housing market is not overheating but interest rates will not remain at record lows indefinitely, Bank of England policymaker David Miles said in an interview on Monday.</p> <p>Miles, a member of the Bank's Monetary Policy Committee, told Bloomberg Television the amount of slack in Britain's economy means there is no case for tightening monetary policy right now and that "overheating" was not a good word to describe the housing market.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2014.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/140217/boes-miles-says-uk-housing-market-not-overheating-bloomberg-tv" target="_blank">read more</a></p> Business David Miles Economics Macroeconomics Monetary policy Thomson Reuters Mon, 17 Feb 2014 17:48:28 +0000 Thomson Reuters 6073067 at http://www.globalpost.com BoE's Miles says rates unlikely to return to pre-crisis average http://www.globalpost.com/dispatch/news/thomson-reuters/140227/boes-miles-says-rates-unlikely-return-pre-crisis-average <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>LONDON (Reuters) - The financial crisis has transformed the way people view risk so much that Bank of England interest rates are likely to be below their historical average from now on, a BoE policymaker said on Thursday.</p> <p>David Miles, a member of the BoE's Monetary Policy Committee, said the "new normal" for rates was likely to reflect how households, firms and investors attach a higher probability to financial crises and economic downturns than in the past.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2014.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/140227/boes-miles-says-rates-unlikely-return-pre-crisis-average" target="_blank">read more</a></p> Bank of England David Miles Economics Macroeconomics Monetary policy Thomson Reuters Thu, 27 Feb 2014 20:18:53 +0000 Thomson Reuters 6082628 at http://www.globalpost.com