The Latest Breaking News from Monetary Policy

RBA governor could chair two boards under restructure

Treasurer Jim Chalmers says there are still a handful of issues the Reserve Bank and the government are working through from the review into the central bank.

AAP · Sep 22, 2023

Bank of England may ease pressure on mortgage holders today by pausing interest rate rises

Markets see Thursday’s interest rate decision from the Bank of England’s Monetary Policy Committee more or less a coin toss

Evening Standard · Sep 20, 2023

Bank policymaker warns pausing UK interest rate hikes could ’embed’ inflation

Catherine Mann, who is a member of the Bank’s Monetary Policy Committee, said she would rather ‘err on the side of over-tightening’ monetary policy.

The Independent UK · Sep 11, 2023

RBI keeps repo rate unchanged in third straight policy meet

The Reserve Bank of India in its three-day monetary policy committee meeting unanimously decided to keep the repo rate unchanged at 6.5 per cent, something most financial markets had expected. Read further on Dynamite News:

Dynamite News · Aug 10, 2023

MPC meet: No impact on EMIs as RBI keeps repo rate unchanged at 6.5%

NEW DELHI: For the third time in a row, the RBI's high-powered monetary policy committee decided to keep the repo rate unchanged at 6.5 per cent. The repo rate is the interest rate at which the RBI lends money to commercial banks.

The Times of India · Aug 10, 2023

RBI monetary policy: SBI Research expects another pause in interest rates

SBI Research expects the Reserve Bank of India to again put a pause on the key policy rates as the central bank’s third monetary policy committee meeting is currently underway. The outcome of the review meeting will be announced on Thursday morning. Read further on Dynamite news.

Dynamite News · Aug 9, 2023

UK interest rates: crashing the economy is no way to bring down inflation

The Bank of England (BoE) has raised interest rates once again to 5.25%, mirroring similar moves by the Federal Reserve and the European Central Bank. The fact that the UK is still suffering from high inflation – higher than either the US or eurozone – made another rate rise appear…

The Conversation · Aug 4, 2023

Why have interest rates gone up, what does it mean and will they come down?

Today the Bank of England’s Monetary Policy Committee decided to increase the base interest rate from 5% to 5.25%

The Independent UK · Aug 4, 2023

Interest rates rise to 5.25% for first time in 15 years

The Bank of England raised interest rates for the 14th time in a row today, by 0.25%. The Bank’s Monetary Policy Committee voted by a 6-3 majority in favour of the rate rise. 

The Week · Aug 3, 2023

Sarah Breeden to be deputy governor of Bank of England

Bank will have largest ever number of women on rate-setting monetary policy committee after appointment

The Guardian - UK · Aug 1, 2023