The Latest Breaking News from Monetary Policy

Megan Greene was speaking weeks ahead of the Bank’s next monetary policy meeting, where it is expected to cut interest rates.

Nearly every country in the world has a central bank – a public institution that manages a country’s currency and its monetary policy. And these banks have an extraordinary amount of power. By controlling the flow of money and credit in a country, they can affect economic growth, inflation, employment…

The Monetary Policy Committee lowered rates to 4.5 per cent in February but experts believe they could go below four per cent this year

The dollar index (DXY00 ) Friday rose by +1.06%. The dollar on Friday recovered from early losses and rallied moderately, rebounding from Thursday’s 6-month low. Short covering emerged in the dollar Friday after US March payrolls rose more than expected, a hawkish factor for Fed policy. The dollar added to...

Eight members of the Bank’s nine-person Monetary Policy Committee voted to keep rates on hold.

A trade war could push up eurozone inflation by half a percentage point alone with detrimental effects on growth, ECB’s Lagarde warns. The ECB president said rising trade tensions and a weaker euro could complicate monetary policy.

The Bank of England is set to keep U.K. interest rates unchanged even though the economy is barely growing and set for further uncertainty in light of the tariff policies being enacted by the Trump administration in the U.S. The nine-member Monetary Policy Committee is expected to keep the bank’s…

The Bank of England’s Monetary Policy Committee (MPC) is widely expected to keep interest rates on hold on Thursday.

The price cutting plans of Asda kept Tesco and Sainsbury’s under pressure today as the grocers spent another session near the bottom of the FTSE 100 index.