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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There is little historical experience to guide policymakers or investors, because the current economic cycle is like no other ...
BANK OF ENGLAND MONETARY POLICY SUMMARY, SEPTEMBER 2024 The Monetary Policy Committee (MPC) sets monetary policy to meet the ...
Workers’ demands for big pay rises risk prolonging the inflation crisis and forcing the Bank of England to keep interest ...
The Bank of England warned investors it won’t rush to ease policy, as it held fire on another cut in borrowing costs and ...
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 (BoE) has also completed its annual review of quantitative tightening (QT). Members of the monetary ...
The Fed is about to cut the Fed Funds Rate by 25 basis points while maintaining Quantitative Tightening for the first time ...
The Bank of England's decision to keep interest rates at 5% brings a 'sense of stability' to the UK motor trade. That is ...
Bank of England Monetary Policy Committee member Catherine Mann has argued UK interest rates may need to remain “restrictive ...
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