Interest and exchange rate forecast - September 2012
Out with the old and in with the new: That was the outcome of the European Central Bank's (ECB) September meeting.
11 September 2012
While interest rates were left unchanged, the ECB President announced a new bond buying programme aimed at supporting troubled Eurozone governments. This replaces the ECB's old bond purchase scheme, but with a key difference - conditionality, which means countries have to stick to the rules or they don't get the money. It is hoped this new programme will restore some much needed confidence in the Eurozone.
While the Bank of England left monetary policy unchanged at its recent meeting, it looks like we will see further quantitative easing in the US when the Federal Reserve meets next week.
Posted In
Latest news
New research from NatWest and the British Franchise Association (bfa) highlights changes and profitability in the sector.
52 winning organisations have been announced for round two of the 2018 Skills & Opportunities Fund.
Simon McNamara, RBS Chief Administrative Officer and Executive Sponsor of the RBS Multicultural Network, recently hosted an event in discussion with Eric Holder, the first black US Attorney General. They discussed career, ethnicity, diversity and even a little bit of politics. At the event, Eric Holder shared his wisdom and experience with attendees from the RBS Executive committee and RBS Multicultural Network. Simon McNamara blogs about his experience meeting Eric, a BAME role model, and why diversity is so important to RBS.