Powell's testimony to US Congress last week emphasized that the central bank is not rushing to lower interest rates.
The Reserve Bank of India announced a 25 basis point cut in the repo rate, now at 6.25%, the first reduction in five years.
The BoE’s forecasts suggest it will only cut rates two more times over the next three years on the back of higher inflation ...
Federal Reserve Chairman Jerome Powell is on Capitol Hill Tuesday for the first of two hearings he will testify in this week.
Catherine Mann has said her decision to vote last week for a larger rate cut than most fellow members of the Bank of ...
A member of the Central Bank of Nigeria’s Monetary Policy Committee, Murtala Sagagi ... However, the majority of MPC members opted for a 25-basis-point hike, which was ultimately adopted.
The Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation ... the MPC voted by a majority of 7–2 to reduce Bank Rate by 0.25 percentage points, to 4.5%. Two members preferred ...
According to the MPC statement, the Monetary Policy Committee observed a decline in ... Consequently, all members unanimously agreed to lower the policy repo rate by 25 basis points to 6.25 ...
The Bank of England made its first interest rate cut of 2025 on Thursday amid ongoing concerns over sluggish growth in the ...
While food prices remain a key contributor to the uptick, the Monetary Policy Committee members recently commended the efforts of the Federal Government for the improved security, especially in ...
Having worked so hard to slay the dragon of acute inflation, why is the MPC now seemingly turning a blind eye?
The Bank of England has taken the decision to reduce interest rates. At its meeting ending on 6 February 2025, the monetary policy committee (MPC) voted by a majority of seven to two to reduce the ...
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