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 Bank of England could cut interest rates to 2.75pc next year, analysts have suggested, amid growing confidence that the ...
The Federal Reserve cut interest rates by half a percentage point, signaling a shift in monetary policy and boosting ...
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 policymaker Catherine Mann said she would prefer to keep rates higher for longer and then cut more ...
WASHINGTON -- Below is the statement the Federal Reserve released Wednesday after its latest policy meeting ended: ...
There is little historical experience to guide policymakers or investors, because the current economic cycle is like no other ...
The Fed is about to cut the Fed Funds Rate by 25 basis points while maintaining Quantitative Tightening for the first time ...
Relative to peers, IC Research, said Ghana’s real policy rate appears slightly higher with Kenya’s real rate at 8.35% and ...
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