Slide 1 Slide 2 at the end of the lesson u should be able to: understand meaning of exchange rate (ER) meaning of Nominal ER meaning and formula of Effective ER meaning of…

Slide 1 Inflation Report May 2014 Money and asset prices Slide 2 Chart 1.1 Implied volatilities at the three-month horizon for international interest rates, equities and…

Slide 1 Inflation Report February 2015 Money and asset prices Slide 2 Chart 1.1 Markets pricing a more gradual increase in Bank Rate International forward interest rates…

Slide 1 Inflation Report November 2013 Money and asset prices Slide 2 Chart 1.1 Bank Rate and forward market interest rates (a) Sources: Bank of England and Bloomberg. (a)The…

Slide 1 Inflation Report August 2013 Money and asset prices Slide 2 Chart 1.1 Three-month implied interest rate volatility (a) Sources: Barclays Live, Bloomberg and Bank…

Slide 1 Inflation Report May 2012 Money and asset prices Slide 2 Chart 1.1 Bank Rate and forward market interest rates (a) Sources: Bank of England and Bloomberg. (a)The…

Slide 1 Balance of payments and Exchange Rates Slide 2 Balance of payments & exchange rates The balance of payments account Example of UK balance of payments The balance…

Slide 1 Inflation Report August 2014 Money and asset prices Slide 2 Chart 1.1 Market expectations for UK, US and euro-area rates diverged further International forward interest…

Slide 1 Inflation Report August 2012 Money and asset prices Slide 2 Chart 1.1 Bank Rate and forward market interest rates (a) Sources: Bank of England and Bloomberg. (a)The…