The Latest Breaking News from Monetary Policy

Bank of England policymaker pledges to ‘move big’ when ready to cut rates

Catherine Mann, an economist and member of the Bank’s Monetary Policy Committee, has not yet opted to reduce rates.

Evening Standard · Nov 13, 2024

Jerome Powell was prepared to fight for his job in court when Trump mulled firing the Fed chief in 2018, report says

Trump weighed ousting Powell in 2018, but the Fed chief told then-Treasury Secretary Steven Mnuchin that he would fight his removal, according to the Wall Street Journal.

Fortune · Nov 11, 2024

Jerome Powell Insists Trump Victory Won't Impact Fed's Decision-making

According to Jerome Powell, chair of the Federal Reserve, Donald Trump's election victory will not effect monetary policy actions.

International Business Times · Nov 7, 2024

Bank of England cuts interest rates as borrowing costs to fall ‘gradually’

The Bank’s Monetary Policy Committee announced that rates were being reduced from 5% to 4.75% on Thursday.

The Independent UK · Nov 7, 2024

Gold price hits fresh record high, as bitcoin also rallies – as it happened

Analysts say gold is benefited from safe-haven demand amid persistent geopolitical tensions, expectations of monetary policy easing, and mounting uncertainty surrounding the US presidential election.

The Guardian - UK · Oct 29, 2024

Why is the Trend in Bonds Bearish?

The U.S. Federal Reserve conducts monetary policy using the short-term Fed Funds Rate as its most effective tool. Meanwhile, longer-term interest rates are a function of supply and demand and market sentiment.

Barchart · Oct 24, 2024

Bank of Canada’s latest interest rate cut: Monetary policy is not enough to address economic issues on its own

The Canadian and American economies are deeply intertwined. With the United States Federal Reserve cautious amid mixed signals from the labour market and rising inflation worries, the Bank of Canada has just lowered its key interest rate to 3.75 per cent — cutting it by half a percentage point.

The Conversation · Oct 23, 2024

Why are mortgage rates rising and when could they fall again?

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

Evening Standard · Oct 15, 2024

NatWest becomes latest major lender to increase its mortgage rates

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.

Evening Standard · Oct 14, 2024

Tito Mboweni: South African Minister and Reserve Bank governor who drove significant economic reforms

Tito Mboweni, former South African Reserve Bank Governor, Minister of Finance, and Minister of Labour was arguably one of the country’s most consequential economic policymakers and drove several significant economic reforms.

The Conversation · Oct 14, 2024