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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.
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.
3d
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
12h
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, ...
11h
BOJ to keep policy steady, signal more rate hikes to come
The Bank of Japan is set to keep monetary policy steady on Friday, but signal its confidence that solid wage growth and ...
LEADERSHIP Newspaper
16m
CBN Withdraws 2024-2025 Policy Guidelines Over Misrepresentations
The Central Bank of Nigeria (CBN) has temporarily withdrawn its 2024-2025 Monetary, Credit, Foreign Trade, and Exchange ...
3d
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 ...
1d
China expected to trim main policy rate and lending benchmarks: Reuters poll
China is widely expected to trim its main policy and benchmark lending rates on Friday, a Reuters poll showed, after the ...
1d
on MSN
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: ...
1d
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 ...
The Financial Times
3d
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 ...
The Punch Newspapers
3h
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 ...
20h
on MSN
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.
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