The Latest Breaking News from Monetary Policy Committee

The Bank of England is still expected to cut its headline lending rate from 5% to 4.75% when its Monetary Policy Committee meets in November

The Bank of England is still expected to cut its headline lending rate from 5% to 4.75% when its Monetary Policy Committee meets in November.

British political junkies will effortlessly reel off the names of all nine US Supreme Court justices, but their minds go mysteriously blank if you ask them to identify a single member of the Bank of England's nine-strong Monetary Policy Committee (MPC). And frankly, this newsletter has had enough of the…

The Reserve Bank of India's Monetary Policy Committee (MPC) has decided to keep the policy repo rate unchanged at 6.5 per cent as retail inflation continues to be above its target of 4 per cent. Read further on Dynamite News:

The Monetary Policy Committee’s biggest hawk warned that investors are still “too complacent” in betting on a rapid series of rate cuts later this year.

June is still seen as most likely, but a cut at the Bank of England’s very next meeting is now seen as a possibility

The Reserve Bank of India's Monetary Policy Committee keeps policy repo rate unchanged at 6.50% for 2023-24.

Any shift on the Monetary Policy Committee toward a call for a rate cut will affect the outlook for timing of the first move down

The dissonance in messaging from the central bank, i.e. the Monetary Policy Committee, is telling