The Latest Breaking News from Monetary Policy

The Impossible Trinity: Why Countries Can't Have It All

The essence of the impossible trinity is that a country can successfully achieve only two of these goals at any one time.

Kiplinger · Sep 3, 2024

Jackson Hole: how a meeting of bankers in a remote Wyoming valley could have consequences for us all

The economic world recently turned its attention to the resort of Jackson Hole, in a remote Wyoming valley. The annual economic policy symposium of central bankers, policymakers, academics and financial gurus took place in this unlikely spot, producing outcomes that hold significant implications for economies worldwide.

The Conversation · Aug 28, 2024

Yen Carry Trade is Yesterday's News, Seasonal Play is Next Opportunity

Recent concerns about the unwinding of yen carry trades and its potential impact on financial markets have proven less disruptive than anticipated. Despite other countries raising interest rates to combat post-pandemic inflation, Japan has kept borrowing costs low to address its long-term economic stagnation. Although the Bank of Japan (BoJ)…

Barchart · Aug 25, 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