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.
Norwegian central bank holds policy rate at 4.5 pct
OSLO, Sept. 19 (Xinhua) -- Norway's central bank has decided to keep its policy rate steady at 4.5 percent, signaling stability in its ongoing efforts to curb inflation. "The policy rate will likely remain at 4.5 percent through the end of the year," said Norges Bank Governor Ida Wolden Bache in a press release on Thursday.
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.
Intellinews on MSN7h
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: ...
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 ...
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 ...
中国日报网4h
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, ...
Moneyweb2h
‘Adventurism’ not part of policy toolkit, says Kganyago after rate cut
“Adventurism is not part of our monetary policy toolkit,” he said. Kganyago emphasised that there are many moving parts ...
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 ...
Cyprus Mail1h
Norway holds rate, to maintain restrictive policy
“The committee judges that a restrictive monetary policy is still needed to bring inflation down to target within a ...
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.
Central Banking13h
Brazil raises policy rate by 25bp in unanimous decision
The Central Bank of Brazil (BCB) has raised its policy rate by 25 basis points in a unanimous decision. Hours after the US ...