Category: MPC
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BOE Announced “Finely Balanced Cut” of 0.25% in a 5-4 MPC Vote
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It was a close call for the Bank of England, with policymakers voting 5-4 to cut interest rates by 0.25% from 5.25% to 5.00% at their August meeting. In their monetary policy statement, Bank of England officials said that weak wage growth and slower service sector inflation were expected to…
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The RBNZ’s guide for members of its Monetary Policy Committee (MPC) – link to full text
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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BOE Held Rates at 5.25% in 7-2 MPC Vote, Bailey Hints at “More Substantial” Future Cuts
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As expected, the Bank of England (BOE) kept interest rates steady at 5.25% in its May decision. The official statement indicated that: Underlying inflationary pressures in the euro area have continued to moderate somewhat since the beginning of the year UK demand growth is expected to remain weaker than potential…