High stakes at Jackson Hole symposium as Powell surveys US’s rocky prospects Presidential candidates, bankers and economists will all be keen to hear what the Fed chair foresees for interest rates The Guardian - UK · Aug 18, 2024
Critic of Osborne’s austerity policy joins Bank of England rate committee Alan Taylor takes three-year term on Bank’s monetary policy committee and replaces Jonathan Haskel The Guardian - UK · Aug 16, 2024
Trump Says US President Should Have Say Over Monetary Policy Donald Trump on Thursday voiced frustration at the independence of the Federal Reserve and suggested that the US president should have "at least a say" over the course of monetary policy. International Business Times · Aug 8, 2024
JPMorgan CEO Jamie Dimon is done psychoanalyzing Jerome Powell and the Fed "Every day 325 million Americans go to work, go to their jobs, take care of their families, take care of their kids, build out their house, change a job. And it could be affected by the Fed changing rates by 50 base points? I don't think so." Fortune · Aug 8, 2024
Economists Urge Federal Reserve To Lower Rates For Economic Recovery Federal Reserve's decision-making process, rate adjustments, and economic impacts discussed in July monetary policy meeting. Top News · Aug 5, 2024
Just nine people decide what happens to UK interest rates - but pressure for change is mounting The inflation spike caused by external factors including the Ukraine war might be over, but the importance of interest rates to the UK economy isn’t going away. Continuing global instability and the newly elected Labour government’s commitment to growing the economy mean the Bank of England will have to stay… The Conversation · Aug 1, 2024
Public sector pay rises unlikely to drive up inflation, says Bank of England after interest rate cut – as it happened City economists predict further cut in November, after first reduction in UK interest rates since 2020, as Bank lifts its growth forecast for this year The Guardian - UK · Aug 1, 2024
OPINION - Labour likes to complain about its inheritance – but it will soon enjoy lower interest rates I'm not saying I don't like my job, but I think I'd quite fancy sitting on the Bank of England's Monetary Policy Committee (MPC) . Not for the money, of course – though a total compensation package of £163,700 per annum sounds decent. Nor even because I take an amateur's… Evening Standard · Jul 31, 2024
Austan Goolsbee To Temporarily Vote On Fed's Monetary Policy Austan Goolsbee steps in as alternate voter at Fed meeting, hints at rate cut due to economic conditions. Beth Hammack to take over as president of Clevela... Top News · Jul 31, 2024
Fed Expected To Announce Interest Rate Decision Wednesday US Federal Reserve's monetary policy focuses on inflation control and job market stability. Top News · Jul 31, 2024
Interest rate cut likely to be delayed by Bank of England, says former Chancellor Lord Hammond The Tory peer believes the bank’s Monetary Policy Committee will be concerned about pay rises well above its two per cent inflation target Evening Standard · Jul 31, 2024
There’s a Trump or Harris will reappoint Jerome Powell, political strategist says Powell’s dim prospects come despite the Fed chief nearing a huge win: the “softest of soft landings.” Fortune · Jul 29, 2024
Switzerland central bank chief hails 'boredom' as secret to beating inflation 12 months ago “It’s better to be called boring or stubborn than for people to say I’m pursuing the wrong monetary policy," Thomas Jordan said. Fortune · Jul 29, 2024
BoE should ‘stop squeezing living standards’ and cut rates, says policymaker Swati Dhingra says Bank of England’s monetary policy committee should lower interest rates in August The Guardian - UK · Jul 15, 2024
AAP · Jul 9, 2024 Hold expected for latest NZ central bank review New Zealand's Reserve Bank has been tipped to hold rates at 5.5 per cent at its latest review of monetary policy this week.
Barchart · Jun 24, 2024 Dollar Slips and Gold Climbs as the Euro and Yen Strengthen The dollar index (DXY00 ) Monday fell by -0.30%. Strength in the euro and the yen on Monday weighed on the dollar. Losses in the dollar accelerated due to dovish comments from Chicago Fed President Goolsbee, who said the Fed needs to be watchful of too-tight monetary policy. The US...
Barchart · Jun 24, 2024 Dollar Under Pressure from Euro and Yen Strength The dollar index (DXY00 ) today is down by -0.33%. Strength in the euro and the yen today are weighing on the dollar. Losses in the dollar accelerated due to dovish comments from Chicago Fed President Goolsbee, who said the Fed needs to be watchful of too-tight monetary policy. The...
Evening Standard · Jun 20, 2024 Bank of England leaves interest rates on hold at 5.25% Monetary Policy Committee decision means that there is no chance of a cut in borrowing costs before August
Evening Standard · Jun 18, 2024 The Bank of England must ignore Taylor Swift and cut interest rates now City Voices: It’ll be a Cruel Summer if Andrew Bailey and the Bank of England don’t offer some relief on interest rates
The Conversation · Jun 16, 2024 Ghana’s economic crisis was caused by government borrowing - the central bank did the best it could: economist Ghana is going through its worst economic crisis in a generation. The past two years have seen record high inflation in the country. Ghana’s central bank (the Bank of Ghana) has been criticised in some quarters for its role in the country’s economic malaise, which has hit the profitability of…
The Conversation · Jun 14, 2024 Central banks face threats to their independence − and that isn’t good news for sound economic stewardship (or battling inflation) 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…
International Business Times · Jun 13, 2024 Bond-buying In Focus As Bank Of Japan Decides Policy The Bank of Japan is expected to hold interest rates steady on Friday but reports said it could gradually reduce its vast hoard of government bonds as it shifts away from a long-running ultra-loose monetary policy.
The Independent UK · Jun 13, 2024 Stock market today: Asia shares rise amid Bank of Japan focus after the Fed stands pat Asian shares are mostly higher as investors turn their attention to what the Bank of Japan might decide on monetary policy later this week
Top News · Jun 12, 2024 Federal Reserve Predicts One Rate Cut For The Year Federal Reserve shifts monetary policy stance, now predicting only one rate cut for the year. Target range currently between 5.25% and 5.5%.
Top News · Jun 7, 2024 US Unemployment Rate Hits 4%, Fed Not Concerned US jobs report reveals 4% unemployment rate, surprising economists. Federal Reserve Chair Powell downplays impact on monetary policy.