Tom Spencer

OCTOBER 6, 2023

The interest rate set by the central bank serves as a benchmark or reference rate for banks. Banks typically adjust their lending rates based on the central bank’s policy rate. It reflects the bank’s assessment of potential losses it may incur and its commitment to maintaining a strong balance sheet.

Banking 88

Banking Balance Sheet Operations Financial 88

MishTalk

FEBRUARY 6, 2014

In addition to holding its benchmark rate at 0.25%, the ECB also left the rate it pays on bank deposits unchanged at zero. The ECB balance sheet has plummeted to 23pc of eurozone GDP from a peak of 32pc in July 2012. ECB president Mario Draghi said: "We have to dispense with this idea of deflation. The answer is no."

Balance Sheet 72

Balance Sheet Banking Retail Policies 72

MishTalk

JULY 11, 2014

Monetary policy is testing its outer limits. The normalisation of the policy stance has hardly started. Historical evidence shows that this rarely happens following a balance sheet recession. Accommodative monetary policy has had an ambiguous impact on the adjustment to lower debt ratios.

Balance Sheet 74

Balance Sheet Financial Banking Policies 74

MishTalk

MARCH 24, 2014

But to invest our clients'' money on the basis of speculation being driven by the Fed''s misguided policies doesn''t seem like the best thing to do with our clients'' money. We produced pretty good numbers, but they’re way behind the benchmark. Fortune : Are you putting your client''s money into the market? Grantham : No.

Marketing 70

Marketing Balance Sheet Interviews Benchmarking 70

MishTalk

DECEMBER 26, 2014

While the benchmark deposit rate was officially lowered from 3.00% to 2.75%, the upper limit that banks can pay for deposits remained unchanged at 3.30%. It may seem strange to have both a benchmark rate and a “floating range” that establishes a cap, instead of just setting a cap, as was the case until very recently.

Banking 71

Banking System Benchmarking Finance 71

MishTalk

NOVEMBER 24, 2015

With its balance sheet totalling nearly 1.6 The Situation With the fallout limited so far, policy makers are more willing to accept sub-zero rates. The Background Negative interest rates are a sign of desperation, a signal that traditional policy options have proved ineffective and new limits need to be explored.

Banking 28

Banking Benchmarking Balance Sheet Policies 28

MishTalk

JANUARY 3, 2014

Had I suggested in 2007 that the Fed balance sheet expansion of $75 billion a month would have been considered "tightening" people would have thought I was nuts. His socialist policies have left France and Greece as the only major eurozone economies where manufacturing is still in contraction. Here we are. The broad U.S.

Conference 74

Conference Banking Government Balance Sheet 74