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.
Workers’ demands for big pay rises risk prolonging the inflation crisis and forcing the Bank of England to keep interest ...
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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 ...
The Federal Reserve cut interest rates by half a percentage point, signaling a shift in monetary policy and boosting ...
Forbes’ expert contributors help explain what the Fed’s move means for investors, businesses, job seekers, home buyers and ...
Bank of England policymaker Catherine Mann said she would prefer to keep rates higher for longer and then cut more ...
The Bank of England (BoE) has also completed its annual review of quantitative tightening (QT). Members of the monetary ...
They were not, though, in a panic or worried about an imminent recession. Instead, they were thinking that the old interest ...
WASHINGTON -- Below is the statement the Federal Reserve released Wednesday after its latest policy meeting ended: ...
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There is little historical experience to guide policymakers or investors, because the current economic cycle is like no other ...
Those who want a rate cut would point at the real interest rates. Those who don't mind waiting will show the food inflation ...
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