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.
Norway keeps rate on hold, says restrictive policy needed
Norway's central bank held its policy interest rate unchanged at a 16-year high of 4.50% on Thursday, as widely expected, and said any cuts must wait until the first quarter of next year, boosting the crown currency.
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.
Bank of England's latest interest rate decision imminent
The rate is expected to stay at 5%, after the last decision in August saw interest rates cut for the first time since the pandemic.
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.
The Fed has set out on a ‘recalibration' of policy. Here's what Powell's new buzzword means
Asset prices soared as investors took Powell at his word that the outsized rate cut wasn’t in response to a substantial economic weakening.
Fed slashes rates 50 bp in first easing since pandemic
The Federal Reserve cut interest rates by half of a percentage point on Wednesday, kicking off what is expected to be a ...
Singapore, US Swap Gap Set to Narrow as MAS Policy Shift Nears
Singapore’s unusual approach to monetary policy will give traders a chance to profit from a narrowing gap between the local ...
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: ...
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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, ...
ECB’s Monetary-Policy Review Will Touch on Toolbox, Lane Says
The European Central Bank’s monetary-policy strategy review will focus on what happens to the economy after the pandemic and ...
We will learn more about monetary policy direction Wednesday: Art Hogan
B. Riley Wealth Management's Art Hogan discusses investors looking forward to a Fed rate decision Wednesday on 'Your World.' ...
The Financial Times3d
Monetary Policy Radar preview: BoJ September meeting
The Bank of Japan raised interest rates by 0.15 percentage points at its last meeting in late July, bringing the policy rate to 0.25 per cent. This was a momentous event on the path to normalisation ...
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JUST IN: CBN withdraws monetary exchange policy document
It said the revocation of the document is to minimise risks of any further misrepresentation or misinterpretation, resulting ...
Bank of Canada22h
Monetary policy decision-making: Behind the scenes
External Deputy Governor Nicolas Vincent gives a behind the scenes look at the rigorous research, analysis and debate that go ...
Monetary Policy Radar preview: BoE September meeting
While economic growth now looks to be weaker, this was expected — the BoE forecast for Q3 growth is 0.4 per cent, down from a forecast of 0.7 per cent in Q2. Services prices have been the real ...