Bank of England keeps its main interest rate on hold at 5% in wake of big US Fed rate cut
On Wednesday, the Fed became the latest major central bank to reduce borrowing costs, cutting its main interest by half of a percentage point to roughly 4.8% from a two-decade high of 5.3%, where it had stood for 14 months. It also signaled that there will be more cuts to come in the next few months.
Bank of England policymaker Catherine Mann said she would prefer to keep rates higher for longer and then cut more ...
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There is little historical experience to guide policymakers or investors, because the current economic cycle is like no other ...
Workers’ demands for big pay rises risk prolonging the inflation crisis and forcing the Bank of England to keep interest ...
BANK OF ENGLAND MONETARY POLICY SUMMARY, SEPTEMBER 2024 The Monetary Policy Committee (MPC) sets monetary policy to meet the ...
Turkiye’s central bank left its main interest rate unchanged for a sixth straight month, but removed an explicit reference ...
The Federal Reserve cut interest rates by half a percentage point, signaling a shift in monetary policy and boosting ...
WASHINGTON -- Below is the statement the Federal Reserve released Wednesday after its latest policy meeting ended: ...
The Bank of England's decision to keep interest rates at 5% brings a 'sense of stability' to the UK motor trade. That is ...
The Fed is about to cut the Fed Funds Rate by 25 basis points while maintaining Quantitative Tightening for the first time ...
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Turkey sticks with 50% policy rate for sixth straight monthBy Akin Nazli in Belgrade The monetary policy committee (MPC) of Turkey’s central bank on September 19 kept its policy rate ...
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