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.
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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 ...
15hon MSNOpinion
There is little historical experience to guide policymakers or investors, because the current economic cycle is like no other ...
WASHINGTON -- Below is the statement the Federal Reserve released Wednesday after its latest policy meeting ended: ...
The Federal Reserve cut interest rates by half a percentage point, signaling a shift in monetary policy and boosting ...
Workers’ demands for big pay rises risk prolonging the inflation crisis and forcing the Bank of England to keep interest ...
Bank of England policymaker Catherine Mann said she would prefer to keep rates higher for longer and then cut more ...
KARACHI: As per expectations, the Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) on Thursday ...
The Bank of England (BoE) has also completed its annual review of quantitative tightening (QT). Members of the monetary ...
The Bank of England's decision to keep interest rates at 5% brings a 'sense of stability' to the UK motor trade. That is ...
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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