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The Latest Breaking News from Monetary Policy Committee

Brits warned interest rates could top 2% next year to keep inflation under control

Michael Saunders, a member of the Bank’s rate-setting Monetary Policy Committee, claimed it was better to take aggressive action now than do too little, too late

Daily Mirror

Interest rates could hit 2% or higher in the next year, says Bank policymaker

Outgoing Monetary Policy Committee member Michael Saunders said increases ‘still have some way to go’ in order to get inflation under control.

The Independent UK

BoT can't afford to hold interest rates

Like all countries in the world, the Bank of Thailand (and Monetary Policy Committee, or MPC) believes they can run monetary policy independently based on local economic conditions.

Bangkok Post

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Bank of Thailand should urgently hike rates: Korn

The Bank of Thailand (BoT) should urgently hike interest rate to prevent a further spike in inflation and ease the burden on low-income groups already reeling from the rising cost of living, according to Korn Chatikavanij, a former finance minister.

Bangkok Post

How far should interest rate hikes go?

No doubt remains as to whether the Bank of Thailand will raise interest rates. The bank's governor has made it clear they must be raised to deter rising inflation, and that this must be done in a timely manner. Analysts have taken his speech as indicating a 25bp hike will…

Bangkok Post

Interest rates soars to 13-year high as Bank of England warns energy bills will soon hit £2,800

It is a crippling cost of living crisis

Manchester Evening News

Bank hikes rates to 1% and warns cost crisis will send economy into reverse

Members of the Bank’s nine-strong Monetary Policy Committee voted 6-3 to increase rates from 0.75% to 1%, the highest level for 13 years.

The Independent UK

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Inevitable increase: On RBI’s interest rate hike

The RBI’s increase in interest rates was long overdue

The Hindu

Business: RBI raises repo rate by 40 basis points to 4.40 pc with immediate effect

Reserve Bank of India (RBI) on Wednesday increased the policy repo rate by 40 basis points to 4.40 per cent with immediate effect. Read more on Dynamite News:

Dynamite News

Fourth interest rate rise in a row looms at Bank of England with job market hot

City economists think the Monetary Policy Committee will hike the UK’s interest rate to 1% at its next meeting on May 5

Evening Standard

Repo and reverse repo rates unchanged for now: RBI

Reserve Bank of India's (RBI) Monetary Policy Committee on Friday voted to keep the benchmark repo and reverse repo rates unchanged for the 11th time in a row. Read details on Dynamite News

Dynamite News

MPC expected to keep policy rate at 0.5%

The Bank of Thailand's Monetary Policy Committee (MPC) is expected to keep its policy rate at the historically low level of 0.5% throughout this year to maintain economic momentum, according to economists.

Bangkok Post

Bank of England hikes interest rates again amid Russia's invasion of Ukraine

The Monetary Policy Committee voted 8-1 to increase rates to 0.75% on Thursday

Birmingham Post

Bank raises rates to 0.75% as it warns inflation could reach double figures

The Bank of England’s Monetary Policy Committee voted eight to one to increase rates by a quarter point, marking the third rise in a row.

The Independent UK

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Daily Mirror

What Bank of England's 0.75% interest rise means for you - from savings to mortgages

The Bank's Monetary Policy Committee - which influences what lenders do - has increased rates from 0.5% to 0.75% to try to cool soaring inflation. It comes amid warnings the war in Ukraine could send the cost of living crisis spiralling further

Dynamite News

RBI keeps repo, reverse repo rates unchanged for 10th time in a row

In the last monetary policy review of the current financial year, the Reserve Bank of India (RBI) on Thursday decided to keep repo and reverse repo rates unchanged.

The Independent UK

Bank hikes rates to 0.5% as households face worst income hit since at least 1990

The Monetary Policy Committee voted 5-4 to raise rates from 0.25% to 0.5% – marking the first back-to-back rise since 2004.

Daily Mirror

Homeowners could save £3,000 by locking into mortgage deal now ahead of rate rise

Markets are expecting the Bank of England to hike its base rate from 0.25% to 0.5% tomorrow (February 3) when the Monetary Policy Committee meets - and this could be bad news for your mortgage

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Daily Mirror

Interest rates predicted to rise to 0.5% - what it means for your mortgage and savings

The Bank of England (BoE) is predicted to hike its base rate from 0.25% to 0.5% this Thursday (February 3) when its Monetary Policy Committee meets - we explain what this means for you

The Independent UK

Bank should ‘lean against’ longer-term inflation, MPC member says

The Monetary Policy Committee will meet early next month to decide on interest rates.

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