The Bank of England lowered its Bank Rate by 25bps to 4.75% in its November 2024 decision, as expected, marking the second rate cut in four years following the start of its cutting cycle in August. 8 of the 9 MPC members voted for a cut, above expectations of 7 votes, while Catherine...
The Federal Reserve (Fed) deliberates on monetary policy and makes a decision on interest rates at eight pre-scheduled meetings per year. It has tw...
29 Jan 2025 19:00 GMT30 4.50% Next releaseDaysActualForecast Previous Overview Chart History Widget Fed Interest Rate Decision is made eight times a year during the vote among the members of the Federal Open Market Committee (FOMC). The US Federal Reserve determines short-term interest rates, ...
UK interest rates an outlier after decision to hold but Bank of England forecasts inflation rise to 2.5% The decision to hold rates was not unanimous with one member of the Bank's rate-setting Monetary Policy Committee voting for a cut. Governor Andrew Bailey gave hints of further cuts - bu...
UK bond yields slip ahead of rate decision U.K. borrowing costs ticked slightly lower Thursday ahead of the Bank of England's rate decision, softening a recent rally that has pushed gilt yields to their highest level in more than a year. ...
Interest rate decision brings 'little relief' to struggling families A pause on interest rates will bring "little relief" to struggling families, anti-poverty charity the Joseph Rowntree Foundaton has said. Chief economist Alfie Ster...
LONDON — The Bank of England on Thursday opted to keep interest rates steady at its June meeting, but described the decision as "finely balanced" after U.K. inflation hit its 2% target. Money market pricing lifted the prospect of an August rate cut to nearly 50-50 on what investors perc...
The rate decision also comes a day after Trump was declared the winner of the U.S. presidential election. He has indicated that he will cut taxes and introduce tariffs on certain imported goods when he returns to the White House in January. Both policies have...
The immediate market reaction following last week’s rate decision suggested a greater belief from investors that the BoE will do what is required to tame inflation. The yields on longer dated gilts initially fell (prices rose) following the announcement, halting the sel...
The article reports that the decision of Israel's central bank to increase its base rate is unlikely to start a good deal worldwide which earned some concern. It notes that if the inflation returns, it would put pressure the central bank to start increasing their base interest rate to keep...