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.
Intellinews on MSN1h
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 warned investors it won’t rush to ease policy, as it held fire on another cut in borrowing costs and ...
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The Bank of England held interest rates at 5.0% on Thursday and voted to run down its stock of British government bonds by ...
1hon MSNOpinion
The FOMC too often speaks with one voice, an oddity in its history and for central banks globally.
The Fed is about to cut the Fed Funds Rate by 25 basis points while maintaining Quantitative Tightening for the first time ...
Turkey’s central bank will probably keep its main interest rate unchanged for a sixth straight month, as a lack of ...
The US Federal Reserve finally cut benchmark interest rate by 50 bps to 4-3/4 to 5%.
The Bank of England's decision to keep interest rates at 5% brings a 'sense of stability' to the UK motor trade. That is ...
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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