TEXT-Bank of England's Monetary Policy Summary
BANK OF ENGLAND MONETARY POLICY SUMMARY, SEPTEMBER 2024 The Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment.
Bank of England’s Monetary Policy Committee paused for a breath
Bank of England's Monetary Policy Committee keeps rates steady at 5.00% amidst divided views on policy action.
The Fed's Monetary Policy Conflict - Easing And Tightening Simultaneously
The Fed is about to cut the Fed Funds Rate by 25 basis points while maintaining Quantitative Tightening for the first time ever. Read more on QE and QT here.
Fed obliged to consider spillovers when adjusting monetary policy
As recent data show that inflation in the US has fallen below 3 percent, close to the 2 percent target the Fed had set, expectations of a Fed rate cut had been growing. The slowed economic growth and the rise of the unemployment rate to 4.2 percent from 3.4 percent in early 2023 could be other reasons for the latest rate cut.
Bank of England holds rates at 5%
The Bank of England has held interest rates at 5 per cent after inflation remained steady in August, but indicated it may lower borrowing costs again as soon as November. The Monetary Policy Committee’s eight-to-one decision on Thursday came after it cut borrowing costs by a quarter point at its meeting last month.
The Bank of England has 'some room' to cuts rates but it's unlikely, economist says
Yael Selfin, chief economist at KPMG UK, discusses the country's inflation data and what it could mean for the Bank of England's decision.
Why the Bank of England Won’t Follow the Fed
The BOE got ahead of the Federal Reserve by making its first cut since the Covid-19 pandemic at the beginning of August.
Intellinews on MSN11h
Turkey sticks with 50% policy rate for sixth straight month
By Akin Nazli in Belgrade The monetary policy committee (MPC) of Turkey’s central bank on September 19 kept its policy rate ...
Text of the policy statement the Federal Reserve released Wednesday
WASHINGTON -- Below is the statement the Federal Reserve released Wednesday after its latest policy meeting ended: ...
SouthFlorida Reporter3h
The Fed Has Set Out On A ‘Recalibration’ Of Policy. Here’s What Powell’s New Buzzword Means (Video)
Asset prices soared as investors took Powell at his word that the outsized rate cut wasn’t in response to a substantial ...
MarketWatch1d
Text of Fed's Monetary Policy Statement
The Committee is strongly committed to supporting maximum employment and returning inflation to its 2 percent objective. In assessing the appropriate stance of monetary policy, the Committee ...
September Fed Meeting: Fed Cuts Rates For The First Time In Four Years
In a move that was widely anticipated and hoped for, the Federal Open Market Committee (FOMC) opted on Wednesday to cut its ...
astanatimes.com9d
Kazakh Monetary Policy Committee Projects Base Rate Reduction to 11.9% by 2025
According to the forecast, Kazakhstan’s GDP growth for the first half of 2024 continued to slow, reaching 3.2%. The ...
The Financial Times3d
Monetary Policy Radar preview: BoJ September meeting
Expect the committee to once more reaffirm its monetary policy stance, that it is expecting to normalise policy as it is convinced that wages and inflation continue to reinforce one another.
Centre to likely announce three new external members of RBI's monetary policy committee
The four-year term of Jayanth Varma, Ashima Goyal and Shashanka Bhide will end on October 4, and if the new members are not ...
BOE Vows Gradual Approach to Easing With Vote to Hold Rates
The Bank of England warned investors it won’t rush to ease policy, as it held fire on another cut in borrowing costs and ...